Nexstar Media (NXST) Declares $1.69 Quarterly Dividend; Approves $1.5B Buyback Plan

Nexstar Media (NASDAQ: NXST) declared a quarterly dividend of $1.69 per share, or $6.76 annualized.

The dividend will be payable on August 23, 2024, to stockholders of record on August 9, 2024, with an ex-dividend date of August 8, 2024.

The annual yield on the dividend is 3.8 percent.

In addition, The Board of Directors also approved a new share repurchase program authorizing the Company to repurchase up to $1.5 billion of its common stock. The new share repurchase authorization is in addition to Nexstar’s existing share repurchase program announced in July 2022, of which $496 million remained as of May 8, 2024.

For a dividend history and other dividend-related data on Nexstar Media (NXST) click here.

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