Image Source: Pixabay

TEGNA Inc. (TGNA) was founded in 1906 and is headquartered in Tysons, Virginia. As a journalism company in the United States, the company engages in content and tools to help people navigate their daily lives.

It also offers marketing solutions.

In addition, the company provides news content to consumers across various platforms, including online, mobile, connected television, and social platforms.

TEGNA owns and operates multicast networks under the names True Crime Network and Quest.

Three key data points gauge TEGNA or any dividend paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also show if any company has made, is making, and will make money.

TGNA Price

TEGNA’s share price increased over 21.5% in the past year from $13.87 to $16.86 as of Wednesday’s closing price.

TGNA Dividends

TEGNA has paid quarterly dividends since January, 1986.

The current forward looking annual dividend of $0.50 yields 2.95% per Wednesday’s $16.96closing price.

TGNA Returns

Putting it all together, a $3.54 estimated gross gain per share shows up by adding TEGNA’s annual $0.50 dividend to an $3.04annual price gain estimated by 5 analysts, totaling that $3.54 gross gain.

A little over $1000 invested at the recent $16.96 price would buy 59 shares, which multiplies the $3.54 gross gain total to $208.86.

Furthermore, about 14% of that $209 gain comes from the $29.50 in dividends generated from your $1,000 investment.

And the $29.50 amounts to almost $12.64 more then the recent $16.96 single-share price.

(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)

Therefore, you may choose to pounce on TEGNA Inc.  

It pays a 2.95% dividend yield.

It has a 39 year dividend record.

The exact track of TGNA future prices and dividends will entirely be determined by market action and company finances.

Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.

More By This Author:

Summary Report: Sinclair
Stock Analysis: Opera
Summary Report: Magyar Telecom