Nexstar Broadcasting (NXST) Raises Quarterly Dividend 20% to $0.45; 2.2% Yield

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Go back to Nexstar Broadcasting (NXST) Raises Quarterly Dividend 20% to $0.45; 2.2% Yield

Nexstar Media Group Increases Quarterly Cash Dividend by 20 Percent

January 25, 2019 7:04 AM EST

Declares Quarterly Cash Dividend of $0.45 Per Share

Increase Marks Sixth Annual Consecutive Rise in Cash Dividend

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 20 percent increase in the quarterly cash dividend to $0.45 per share of its Class A common stock beginning with the dividend declared for the first quarter of 2019. The dividend is payable on Friday, February 22, 2019, to shareholders of record on Friday, February 8, 2019.

Perry A. Sook, Chairman, President and Chief Executive Officer of... More