Nexstar Media (NXST) Raises Quarterly Dividend 10.1% to $1.86; 4.7% Yield

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Nexstar Media Group Raises Quarterly Cash Dividend by 10% to $1.86 Per Share

January 29, 2025 7:00 AM EST

Dividend Represents a 4.7% Annualized Yield Based on the Closing Stock Price on January 28, 2025

Increase Marks Twelfth Consecutive Annual Cash Dividend Increase

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (Nasdaq: NXST) announced today that its Board of Directors approved a 10% increase to its quarterly cash dividend to $1.86 per share beginning with the dividend declared for the first quarter of 2025. The dividend is payable on Wednesday, February 26, 2025, to shareholders of record on Wednesday, February 12, 2025.

Perry Sook, Nexstar Media Groups... More