TEGNA Inc. (GCI) will begin trading ex-dividend on October 31, 2019. A cash dividend payment of $0.16 per share is scheduled to be paid on November 12, 2019. Shareholders who purchased GCI prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 18th quarter that GCI has paid the same dividend. At the current stock price of $11.13, the dividend yield is 17.25%.
The previous trading day's last sale of GCI was $11.13, representing a -7.17% decrease from the 52 week high of $11.99 and a 50.2% increase over the 52 week low of $7.41.
GCI is a part of the Consumer Services sector, which includes companies such as News Corporation (NWS) and News Corporation (NWSA). GCI's current earnings per share, an indicator of a company's profitability, is $.11. Zacks Investment Research reports GCI's forecasted earnings growth in 2019 as -43.98%, compared to an industry average of -13.3%.
Interested in gaining exposure to GCI through an Exchange Traded Fund [ETF]?
The following ETF(s) have GCI as a top-10 holding:
- Invesco S&P SmallCap Utilities & Communication Services ETF (PSCU)
- Invesco Exchange-Traded Fund Trust II (XSHD).
The top-performing ETF of this group is XSHD with an increase of 5.19% over the last 100 days. PSCU has the highest percent weighting of GCI at 4.64%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.