Nexstar Broadcasting (NXST) Raises Quarterly Dividend 25% to $0.30; 1.9% Yield

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Go back to Nexstar Broadcasting (NXST) Raises Quarterly Dividend 25% to $0.30; 1.9% Yield

Nexstar Media Group Increases Quarterly Cash Dividend by 25 Percent

January 27, 2017 7:04 AM EST

Declares Quarterly Cash Dividend of $0.30 Per Share

Increase Marks Fourth Annual Consecutive Rise in Cash Dividend Marking
26% Compound Annual Growth Since Initiation of Cash Dividend in 2013

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 25 percent increase in the quarterly cash dividend to $0.30 per share of its Class A common stock beginning with the dividend declared for the first quarter of 2017. The dividend is payable on Friday, February 24, 2017, to shareholders of record on... More