Nexstar Media (NXST) Declares $1.86 Quarterly Dividend; 3.6% Yield

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Go back to Nexstar Media (NXST) Declares $1.86 Quarterly Dividend; 3.6% Yield

Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share

January 30, 2026 7:00 AM EST

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock. The dividend is payable on Friday, February 27, 2026, to shareholders of record on Friday, February 13, 2026.

In anticipation of the pending accretive acquisition of TEGNA, Inc., Nexstars Board of Directors elected to maintain its current dividend rate. Excess cash will instead be used to finance the acquisition and/or repay debt. Nexstars dividend remains a core element of... More