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NXST Nexstar Media Group dividend history, payout ratio & dates

Nexstar Media Group's last quarterly dividend payment of $0.9 per share was made to shareholders on record before Aug 10, 2022. At an annualized rate of $3.4 per share, the stock yields 1.97%.

Key dates

  • NXST last dividend date: Aug 10, 2022
  • NXST next dividend date: Not announced
NXST dividend stats
DPS
$3.4
Dividend yield
1.9%
Payout ratio
15.3%
vs. Communication Services sector
Dividend yield
3.07%
Payout ratio
38.7%

Dividend yield

What is Nexstar Media Group current dividend yield

Nexstar Media Group's dividend yield of 1.97% is lower than the Communication Services sector, the industry and its peers average. If we compare it with the Communication Services sector average of 3.07%, Nexstar Media Group's dividend yield is 36% lower. The current dividend yield is in line with the historical average of 1.9% of the last 5 years.

Dividend history

What is NXST dividend payout history and dates

Nexstar Media Group has been paying dividends for the last nine years. According to our records NXST has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 28% since one year ago. And with the stock price up by 12% from a year ago, the dividend yield has grown by 14%.

Recent dividends

Ex-date Payment date Declared on Amount Type
Aug 10, 2022 Aug 25, 2022 Jul 28, 2022 $0.9 normal
May 12, 2022 May 27, 2022 Apr 29, 2022 $0.9 normal
Feb 10, 2022 Feb 28, 2022 Jan 28, 2022 $0.9 normal
Nov 10, 2021 Nov 29, 2021 Oct 28, 2021 $0.7 normal
Aug 12, 2021 Aug 27, 2021 Jul 29, 2021 $0.7 normal
May 13, 2021 May 28, 2021 Apr 29, 2021 $0.7 normal
Feb 11, 2021 Feb 26, 2021 Jan 28, 2021 $0.7 normal
Nov 5, 2020 Nov 20, 2020 Oct 22, 2020 $0.56 normal
Aug 6, 2020 Aug 21, 2020 Jul 24, 2020 $0.56 normal
May 14, 2020 May 29, 2020 Apr 30, 2020 $0.56 normal
Feb 13, 2020 Feb 28, 2020 Jan 30, 2020 $0.56 normal
Nov 7, 2019 Nov 22, 2019 Oct 24, 2019 $0.45 normal
Aug 8, 2019 Aug 23, 2019 Jul 25, 2019 $0.45 normal
May 9, 2019 May 24, 2019 Apr 26, 2019 $0.45 normal
Feb 7, 2019 Feb 22, 2019 Jan 24, 2019 $0.45 normal
Nov 15, 2018 Nov 30, 2018 Oct 25, 2018 $0.375 normal
Aug 9, 2018 Aug 24, 2018 Jul 26, 2018 $0.375 normal
May 10, 2018 May 25, 2018 Apr 26, 2018 $0.375 normal
Feb 15, 2018 Mar 2, 2018 Feb 1, 2018 $0.375 normal
Nov 16, 2017 Dec 1, 2017 Oct 27, 2017 $0.3 normal
Aug 9, 2017 Aug 25, 2017 Jul 28, 2017 $0.3 normal
May 10, 2017 May 26, 2017 Apr 20, 2017 $0.3 normal
Feb 8, 2017 Feb 24, 2017 Jan 26, 2017 $0.3 normal
Nov 2, 2016 Nov 18, 2016 Oct 24, 2016 $0.24 normal
Aug 10, 2016 Aug 26, 2016 Jul 21, 2016 $0.24 normal
May 11, 2016 May 27, 2016 Apr 21, 2016 $0.24 normal

Nexstar Media Group dividend payout ratio

What is Nexstar Media Group dividend payout ratio compared to the sector

Payout ratio

Nexstar Media Group's payout ratio of 15.3% is below the Communication Services sector, the industry and its peers average. If we compare it with its Communication Services sector average of 38.7%, Nexstar Media Group's payout ratio is 60% lower.

Total amount of dividends paid per financial year (from cash flow)

NXST dividend vs peer dividends

How does NXST dividend compare to its peers' dividends
Name Dividend yield DPS Payout ratio
SBGI Sinclair Broadcast Group Inc 5.07% $0.95 2.7%
CMCSA Comcast Corp 3.36% $1.04 33.5%
EVC Entravision Communications Corp 2.31% $0.1 33.3%
NXST Nexstar Media Group Inc 1.9% $3.4 15.3%
FOXA Fox Corp 1.52% $0.49 23%
SSP EW SCRIPPS Co N/A N/A N/A

Frequently asked questions

Does Nexstar Media Group pay a dividend?

Yes, Nexstar Media Group has been paying dividends for the last nine years.

When is Nexstar Media Group's next dividend?

NXST hasn't announced its next dividend date yet, however if we take into account its recent dividend frequency, it is likely that its next dividend will be in November 2022.

When was NXST's last dividend?

Nexstar Media Group's last regular dividend was on Aug 10, 2022 (ex-date) with the amount of $0.9 per share.

How much dividend does Nexstar Media Group pay (per share)?

NXST's annualized dividend per share is $3.4.

What is Nexstar Media Group's dividend yield?

Currently Nexstar Media Group's dividend yield is 1.97%.

How often does Nexstar Media Group pay dividends?

Nexstar Media Group pays four dividends per year.

What is Nexstar Media Group's dividend payout ratio?

Nexstar Media Group's dividend payout ratio is 15.3%.

Does Nexstar Media Group pay a good dividend?

Nexstar Media Group's dividend yield is less than the Communication Services sector average.