Nexstar Media (NXST) Raises Quarterly Dividend 50% to $1.35; 2.8% Yield

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Go back to Nexstar Media (NXST) Raises Quarterly Dividend 50% to $1.35; 2.8% Yield

Nexstar Media Group Raises Quarterly Cash Dividend by 50% to $1.35 Per Share

January 27, 2023 8:00 AM EST

Dividend Represents a 2.8% Annualized Yield Based on the Closing Stock Price on January 26, 2023

Increase Marks Tenth Consecutive Annual Cash Dividend Increase

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 50% increase to its quarterly cash dividend to $1.35 per share beginning with the dividend declared for the first quarter of 2023. The dividend is payable on Friday, February 24, 2023, to shareholders of record on Friday, February 10, 2023.

Perry Sook, Nexstar Media Groups Founder, Chairman and Chief... More