Nexstar Broadcasting (NXST) Lowers Quarterly Dividend 100% to $; 0% Yield

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Nexstar Broadcasting Group Declares Quarterly Cash Dividend of $0.19 Per Share

July 24, 2015 7:04 AM EDT

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $0.19 per share of its Class A common stock. The dividend is payable on Friday, August 28, 2015, to shareholders of record on Friday, August 14, 2015.

While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion.

About Nexstar Broadcasting Group, Inc.

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