TEGNA Inc. announces a quarterly dividend of 12.5 cents per share, payable October 1, 2025.
Quiver AI Summary
TEGNA Inc. has announced a quarterly dividend of 12.5 cents per share, which will be paid on October 1, 2025, to shareholders who are on record as of September 5, 2025. The company, which operates 64 television stations across 51 U.S. markets, aims to support local communities by providing them with important news and services, reaching over 100 million people monthly through various platforms. The press release also contains cautionary statements indicating that certain forward-looking statements regarding TEGNA's financial performance and future plans may be subject to risks and uncertainties that could lead to actual outcomes differing from expectations. For further information, contact details for corporate communications and investor inquiries are provided.
Potential Positives
- TEGNA Inc. declared a regular quarterly dividend of 12.5 cents per share, indicating commitment to returning value to shareholders.
- The dividend payment scheduled for October 1, 2025, reflects the company's financial stability and ability to generate consistent profits.
- TEGNA's extensive reach of more than 100 million people monthly across various media platforms showcases its significant market presence and relevance in the local news industry.
Potential Negatives
- The declaration of a quarterly dividend may indicate limited growth potential, as companies typically only pay dividends when they are not reinvesting enough into growth opportunities.
- The emphasis on forward-looking statements suggests uncertainty in TEGNA's future financial performance, which could undermine investor confidence.
- The cautionary language regarding forward-looking statements may raise concerns about the company's failure to meet its future targets or expectations.
FAQ
What is the latest dividend declared by TEGNA Inc.?
TEGNA Inc. declared a quarterly dividend of 12.5 cents per share, payable on October 1, 2025.
When will TEGNA's dividend be paid?
The dividend will be paid on October 1, 2025, to stockholders of record as of September 5, 2025.
How many television stations does TEGNA operate?
TEGNA operates 64 television stations across 51 U.S. markets.
How many people does TEGNA reach monthly?
TEGNA reaches more than 100 million people monthly through various platforms.
Where can I find more information about TEGNA?
For more information, visit TEGNA's official website at TEGNA.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TGNA Insider Trading Activity
$TGNA insiders have traded $TGNA stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $TGNA stock by insiders over the last 6 months:
- LYNN B. TRELSTAD (EVP and COO, Media Operations) has made 0 purchases and 2 sales selling 80,000 shares for an estimated $1,346,400.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TGNA Hedge Fund Activity
We have seen 168 institutional investors add shares of $TGNA stock to their portfolio, and 208 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ROYAL BANK OF CANADA added 3,737,808 shares (+696.5%) to their portfolio in Q2 2025, for an estimated $62,645,662
- WASATCH ADVISORS LP added 3,184,505 shares (+5517.6%) to their portfolio in Q2 2025, for an estimated $53,372,303
- FULLER & THALER ASSET MANAGEMENT, INC. added 2,611,848 shares (+106.9%) to their portfolio in Q2 2025, for an estimated $43,774,572
- BALYASNY ASSET MANAGEMENT L.P. removed 1,091,643 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $18,295,936
- MILLENNIUM MANAGEMENT LLC removed 938,835 shares (-36.8%) from their portfolio in Q2 2025, for an estimated $15,734,874
- QUANTEDGE CAPITAL PTE LTD removed 870,296 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $14,586,160
- QUBE RESEARCH & TECHNOLOGIES LTD added 747,747 shares (+1790.0%) to their portfolio in Q2 2025, for an estimated $12,532,239
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$TGNA Analyst Ratings
Wall Street analysts have issued reports on $TGNA in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Overweight" rating on 08/11/2025
- Guggenheim issued a "Buy" rating on 07/02/2025
- Benchmark issued a "Buy" rating on 05/09/2025
To track analyst ratings and price targets for $TGNA, check out Quiver Quantitative's $TGNA forecast page.
$TGNA Price Targets
Multiple analysts have issued price targets for $TGNA recently. We have seen 4 analysts offer price targets for $TGNA in the last 6 months, with a median target of $20.0.
Here are some recent targets:
- Curry Baker from Guggenheim set a target price of $19.0 on 08/22/2025
- Steven Cahall from Wells Fargo set a target price of $22.0 on 08/11/2025
- David Karnovsky from JP Morgan set a target price of $18.0 on 05/21/2025
- Daniel Kurnos from Benchmark set a target price of $21.0 on 05/09/2025
Full Release
TYSONS, Va., Aug. 26, 2025 (GLOBE NEWSWIRE) -- TEGNA Inc.’s (NYSE: TGNA) Board of Directors declared a regular quarterly dividend of 12.5 cents per share, payable on October 1, 2025, to stockholders of record as of the close of business on September 5, 2025.
About TEGNA
TEGNA Inc. (NYSE: TGNA) helps people thrive in their local communities by providing the trusted local news and services that matter most. With 64 television stations in 51 U.S. markets, TEGNA reaches more than 100 million people monthly across the web, mobile apps, connected TVs, and linear television. Together, we are building a sustainable future for local news. For more information, visit TEGNA.com .
Forward-Looking Statements
Certain statements in this press release that do not describe historical facts may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and the “safe harbor” provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Without limitation, any statements preceded or followed by or that include the words “targets,” “plans,” “believes,” “expects,” “intends,” “will,” “likely,” “may,” “anticipates,” “estimates,” “projects,” “should,” “would,” “could,” “might,” “expect,” “positioned,” “strategy,” “future,” “potential,” “forecast,” “outlook,” or words, phrases or terms of similar substance or the negative thereof, are forward-looking statements. These include, but are not limited to, statements regarding TEGNA’s future financial and operating results (including growth and earnings), capital allocation framework, plans, objectives, expectations and intentions and other statements that are not historical facts. These forward-looking statements are necessarily estimates reflecting the best judgment and current views, projections, estimates, expectations, plans, assumptions and beliefs about future events (in each case subject to change) of TEGNA’s senior management and involve a number of risks, uncertainties and other factors, many of which may be beyond our control that could cause actual results to differ materially from those views, projections, estimates, expectations, plans, assumptions and beliefs expressed or implied in such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. All subsequent written and oral forward-looking statements concerning the matters addressed in this press release and attributable to us or any person acting on our behalf are qualified by these cautionary statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, these expectations may not be achieved. We may change our intentions, beliefs or expectations at any time and without notice, based upon any change in our assumptions or otherwise. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
For media inquiries, contact:
Molly McMahon
Senior Director, Corporate Communications
703-873-6422
[email protected]
For investor inquiries, contact:
Julie Heskett
Senior Vice President, Chief Financial Officer
703-873-6747
[email protected]