Free Trial

Nexstar Media Group (NXST) Dividend Yield, Date & History

Nexstar Media Group logo
$158.49 +1.48 (+0.94%)
(As of 12/20/2024 05:31 PM ET)

Nexstar Media Group Dividend Summary

Dividend Yield
4.27%
Annual Dividend
$6.76
Recent
Dividend Payment
Nov. 29
Dividend Increase
Track Record
11 Years
Annualized 3-Year
Dividend Growth
34.09%
Dividend Payout Ratio
39.10%

Nexstar Media Group (NXST) pays an annual dividend of $6.76 per share, with a dividend yield of 4.27%. The next quarterly payment of $1.69 per share was paid on Friday, November 29, to investors who owned the stock before the ex-dividend date of Friday, November 15. NXST has grown its dividend for 11 consecutive years, with an average annual increase of 10.27%. The company currently pays out 39.10% of its earnings and 18.34% of its cash flow as dividends.

Get Dividend Stock Ideas Daily

Enter your email address below to receive the DividendStocks.com newsletter, a daily email that contains dividend stock ideas, ex-dividend stocks, and the latest dividend investing news.

Sign Up
Skip Charts & View Dividend History

NXST Dividend Payments by Quarter

The chart below displays up to four years of Nexstar Media Group's dividend payment history by quarter. The blue bars represent historical dividend payments, while the gray bars indicate future payments.

NXST Dividend Yield Over Time

The chart below tracks Nexstar Media Group's dividend yield over the past four years. The line represents changes in yield by quarter, providing a clear view of trends over time.

Nexstar Media Group vs. The Competition

Compare Nexstar Media Group's annual dividend, yield, and 3-year growth rate with averages for Discretionary and NASDAQ companies to evaluate its performance against the market.

TypeNexstar Media GroupDiscretionary CompaniesNASDAQ Companies
Annual Dividend$6.76$0.01$1.31
Dividend Yield4.27%2.81%4.21%
Annualized 3-Year Dividend Growth34.09%23.28%14.22%
Track Record11 years16 years19 years

Nexstar Media Group Dividend Payout Ratio

Dividend payout ratios express the dividend as a percentage of another metric, such as earnings or cash flow, and can be used to assess dividend sustainability.

TypePayout Ratio
Based on Trailing 12 Months of Earnings39.10%
Based on This Year's Estimate27.56%
Based on Next Year's Estimate38.21%
Based on Cashflow18.34%

Nexstar Media Group Dividend History by Quarter

AnnouncedPeriodPaymentPayment ChangeYieldEx-Dividend DateRecord DatePayable Date
10/31/2024Quarterly$1.69 - 3.82%11/15/202411/15/202411/29/2024
7/26/2024Quarterly$1.69 - 3.69%8/9/20248/9/20248/23/2024
4/26/2024Quarterly$1.69 - 4.25%5/9/20245/10/20245/24/2024
1/26/2024Quarterly$1.69+$0.34
25.19%
3.74%2/8/20242/9/20242/23/2024
10/27/2023Quarterly$1.35 - 3.99%11/9/202311/10/202311/27/2023
7/27/2023Quarterly$1.35 - 3%8/9/20238/10/20238/24/2023
4/28/2023Quarterly$1.35 - 3.11%5/11/20235/12/20235/26/2023
1/27/2023Quarterly$1.35+$0.45
50.00%
2.64%2/9/20232/10/20232/24/2023

This table shows Nexstar Media Group's quarterlydividend history, including payout amounts, yield, dividend changes, and key dates. Use the date filter to explore data as far back as 2013 to analyze trends over time.

Nexstar Media Group Dividend - Frequently Asked Questions

The current dividend yield for Nexstar Media Group is 4.27%. Learn more on NXST's dividend yield history.

The annual dividend for NXST shares is $6.76. Learn more on NXST's annual dividend history.

Nexstar Media Group pays quarterly dividends to shareholders.

Nexstar Media Group's most recent quarterly dividend payment of $1.69 per share was made to shareholders on Friday, November 29, 2024.

Nexstar Media Group's most recent ex-dividend date was Friday, November 15, 2024.

Over the past three years, the company's dividend has grown by an average of 34.09% per year.

Nexstar Media Group has increased its dividend for the past 11 consecutive years.

The most recent change in the company's dividend was an increase of $0.34 on Friday, January 26, 2024.

The dividend payout ratio for NXST is:
  • 39.10% based on the trailing year of earnings
  • 27.56% based on this year's estimates
  • 38.21% based on next year's estimates
  • 18.34% based on cash flow

Nexstar Media Group's dividend yield of 4.25% is higher than the average Consumer Discretionary company that issues a dividend. The company's 11 consecutive years of dividend growth indicate that the company has a strong committment to maintain and grow its dividend. Nexstar Media Group's dividend payout ratio of 39.10% is at a healthy, sustainable level, below 75% of its earnings.

Looking at the stock as a whole, market analysts rate Nexstar Media Group stock as a Moderate Buy, forecasting growth opportunities and potential value appreciation.


This page (NASDAQ:NXST) was last updated on 12/21/2024 by MarketBeat.com Staff
From Our Partners