Nexstar Broadcasting (NXST) Declares $0.24 Quarterly Dividend; 1.8% Yield

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Nexstar Broadcasting Group Declares Quarterly Cash Dividend of $0.24 Per Share

July 22, 2016 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 $0.24 per share of its Class A common stock. The dividend is payable on Friday, August 26, 2016, to shareholders of record on Friday, August 12, 2016.

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.

Nexstar Broadcasting Group is a leading diversified media... More