Nexstar Broadcasting (NXST) Raises Quarterly Dividend 26.3% to $0.24; 2% Yield
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Nexstar Broadcasting Increases Quarterly Cash Dividend by 26.3 Percent
January 22, 2016 7:04 AM ESTDeclares Quarterly Cash Dividend of $0.24 Per Share
Increase Marks Third Annual Consecutive Rise in Cash Dividend and 100% Compound Annual Growth in Payout Level Since Initiation of Cash Dividend in 2013
IRVING, Texas--(BUSINESS WIRE)-- Nexstar Broadcasting Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 26.3 percent increase in the quarterly cash dividend to $0.24 per share of its Class A common stock beginning with the dividend declared for the first quarter of 2016. The dividend is payable on Friday, February 26, 2016, to shareholders of record on Friday, February... More
