Nexstar Broadcasting (NXST) Raises Quarterly Dividend 25% to $0.375; 2% Yield

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Nexstar Media Group Increases Quarterly Cash Dividend by 25 Percent

February 2, 2018 8:04 AM EST

Declares Quarterly Cash Dividend of $0.375 Per Share

Increase Marks Fifth 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 $0.375 per share of its Class A common stock beginning with the dividend declared for the first quarter of 2018. The dividend is payable on Friday, March 2, 2018, to shareholders of record on Friday,... More