Nexstar Media (NXST) Raises Quarterly Dividend 24.4% to $0.56; 1.8% Yield

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Go back to Nexstar Media (NXST) Raises Quarterly Dividend 24.4% to $0.56; 1.8% Yield

Nexstar Media Group Increases Quarterly Cash Dividend by 24.4 Percent

January 31, 2020 7:04 AM EST

Declares Quarterly Cash Dividend of $0.56 Per Share

Increase Marks Seventh 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 24.4 percent increase in the quarterly cash dividend to $0.56 per share of its Class A common stock beginning with the dividend declared for the first quarter of 2020. The dividend is payable on Friday, February 28, 2020, to shareholders of record on Friday, February 14, 2020.

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