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Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. As of December 31, 2020, it provided sales, programming, and other services through various local service agreements to 37 power television stations owned by independent third parties; and owned, operated, programmed, or provided sales and other services to 198 television stations. The company also offers video and display advertising platforms that are delivered locally or nationally through its own and various third party websites and mobile applications, as well as owns WGN America, a national general entertainment cable network. Its stations are affiliates of ABC, NBC, FOX, CBS, The CW, MyNetworkTV, and other broadcast television networks. The company was formerly known as Nexstar Broadcasting Group, Inc. and changed its name to Nexstar Media Group, Inc. in January 2017. Nexstar Media Group, Inc. was founded in 1996 and is headquartered in Irving, Texas.

Nexstar Media Dividend Announcement

Nexstar Media announced a quarterly dividend of $1.69 per ordinary share which will be made payable on 2024-08-23. Ex dividend date: 2024-08-09
Nexstar Media annual dividend for 2024 was $5.07
Nexstar Media annual dividend for 2023 was $5.40
Nexstar Media's trailing twelve-month (TTM) dividend yield is 3.93%
Nexstar Media's payout ratio for the trailing twelve months (TTM) is 47.45%
Nexstar Media's dividend growth over the last five years (2018-2023) was 29.20% year
Nexstar Media's dividend growth over the last ten years (2013-2023) was 27.38% year

Nexstar Media Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-08-09$1.69quarterly2024-08-23
2024-05-09$1.69quarterly
2024-02-08$1.69quarterly2024-02-23
2023-11-09$1.35quarterly2023-11-27
2023-08-09$1.35quarterly2023-08-24
2023-05-11$1.35quarterly2023-05-26
2023-02-09$1.35quarterly2023-02-24
2022-11-10$0.90quarterly2022-11-28
2022-08-10$0.90quarterly2022-08-25
2022-05-12$0.90quarterly2022-05-27
2022-02-10$0.90quarterly2022-02-28
2021-11-10$0.70quarterly2021-11-29
2021-08-12$0.70quarterly2021-08-27
2021-05-13$0.70quarterly2021-05-28
2021-02-11$0.70quarterly2021-02-26
2020-11-05$0.56quarterly2020-11-20
2020-08-06$0.56quarterly2020-08-21
2020-05-14$0.56quarterly2020-05-29
2020-02-13$0.56quarterly2020-02-28
2019-11-07$0.45quarterly2019-11-22
2019-08-08$0.45quarterly2019-08-23
2019-05-09$0.45quarterly2019-05-24
2019-02-07$0.45quarterly2019-02-22
2018-11-15$0.38quarterly2018-11-30
2018-08-09$0.38quarterly2018-08-24
2018-05-10$0.38quarterly2018-05-25
2018-02-15$0.38quarterly2018-03-02
2017-11-16$0.30quarterly2017-12-01
2017-08-09$0.30quarterly2017-08-25
2017-05-10$0.30quarterly2017-05-26
2017-02-08$0.30quarterly2017-02-24
2016-11-02$0.24quarterly2016-11-18
2016-08-10$0.24quarterly2016-08-26
2016-05-11$0.24quarterly2016-05-27
2016-02-10$0.24quarterly2016-02-26
2015-11-04$0.19quarterly2015-11-20
2015-08-12$0.19quarterly2015-08-28
2015-05-13$0.19quarterly2015-05-29
2015-02-11$0.19quarterly2015-02-27
2014-11-05$0.15quarterly2014-11-21
2014-08-13$0.15quarterly2014-08-29
2014-05-14$0.15quarterly2014-05-30
2014-02-12$0.15quarterly2014-02-28
2013-11-13$0.12quarterly2013-12-02
2013-08-14$0.12quarterly2013-08-30
2013-05-15$0.12quarterly2013-05-31
2013-02-13$0.12quarterly2013-03-01

Nexstar Media Dividend per year

Nexstar Media Dividend growth

Nexstar Media Dividend Yield

Nexstar Media current trailing twelve-month (TTM) dividend yield is 3.93%. Interested in purchasing Nexstar Media stock? Use our calculator to estimate your expected dividend yield:

Nexstar Media Financial Ratios

P/E ratio12.42
PEG ratio0.85
P/B ratio2.37
ROE18.74%
Payout ratio47.45%
Current ratio1.78
Quick ratio1.78
Cash Ratio0.18

Nexstar Media Dividend FAQ

How much is the next Nexstar Media dividend?
Nexstar Media's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Nexstar Media dividend. The next Nexstar Media dividend will be released in February, May, August, or November.
When is Nexstar Media dividend paid?
Nexstar Media pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Nexstar Media pay?
The specific amount of Nexstar Media dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nexstar Media's dividend history.
Does Nexstar Media stock pay dividends?
Yes, Nexstar Media does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Nexstar Media's dividend history.
How much dividend does Nexstar Media pay?
Nexstar Media paid $5.07 in 2024, $5.4 in 2023, $3.6 in 2022, $2.8 in 2021, and $2.24 in 2020.
How often does Nexstar Media pay dividends?
Nexstar Media typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Nexstar Media's dividend yield?
The current dividend yield for Nexstar Media is 3.93%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Nexstar Media's exact dividend yield.
When does Nexstar Media go ex dividend?
Nexstar Media's ex-dividend date for the latest dividend was on 2024-08-09. Nexstar Media typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Nexstar Media dividend paid?
Nexstar Media pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Nexstar Media increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Nexstar Media will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Nexstar Media dividend per share?
Nexstar Media paid $5.07 per share in 2024 and $5.4 per share in 2023. The amount of dividend per share that Nexstar Media pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Nexstar Media a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Nexstar Media a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Nexstar Media a dividend stock?
Yes, Nexstar Media is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Nexstar Media a good dividend stock?
Whether Nexstar Media is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Nexstar Media has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Nexstar Media as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Nexstar Media pay dividends monthly?
Nexstar Media typically pays dividends on a quarterly basis.
Does Nexstar Media pay dividends quarterly?
Nexstar Media currently pays dividends on a quarterly basis.
Has Nexstar Media ever paid a dividend?
Yes, Nexstar Media has a history of paying dividends to its shareholders. Nexstar Media is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Nexstar Media dividend stocks?
To buy Nexstar Media you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Nexstar Media stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Nexstar Media pay dividends 2024?
Nexstar Media pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Nexstar Media increase its dividend in 2024?
Decisions regarding Nexstar Media dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Nexstar Media dividend overview you can look into the above table of dividend history.
How Nexstar Media dividend works?
The Nexstar Media dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Nexstar Media's dividend process works:

1. Determination of Dividend: Nexstar Media's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Nexstar Media publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Nexstar Media distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Nexstar Media are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Nexstar Media dividends paid?
Nexstar Media dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Nexstar Media sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Nexstar Media distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Nexstar Media declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Nexstar Media pay dividends?
Nexstar Media typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Nexstar Media pay dividends?
The general pattern is that Nexstar Media pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Nexstar Media dividend safe?
The safety of Nexstar Media's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Nexstar Media's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Nexstar Media's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.