NXST Nexstar Media Group dividend history, payout ratio & dates
Nexstar Media Group's last dividend payment of $1.69 per share was made to shareholders on record before Aug 9, 2024. At an annualized rate of $6.42 per share, the stock yields 3.64%.
Key dates
- NXST last dividend date: Aug 9, 2024
NXST dividend stats
vs. Communication Services sector
Dividend yield
Nexstar Media Group's dividend yield of 3.64% is higher than the Communication Services sector average but lower than the industry and its peers average. If we compare it with the Communication Services sector average of 3.03%, Nexstar Media Group's dividend yield is 20% higher. The current dividend yield is more than the historical average of 2.4% of the last 5 years.
Dividend history
Nexstar Media Group has been paying dividends for the last 11 years. According to our records NXST has issued four quarterly dividends in the last twelve months. The annualized DPS has grown by 30% since one year ago. However with the stock price up by 30% from a year ago, the dividend yield marks a decrease of 0.4%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Aug 9, 2024 | $1.69 | 4.06% |
| May 9, 2024 | $1.69 | 3.42% |
| Feb 8, 2024 | $1.69 | 3.57% |
| Nov 9, 2023 | $1.35 | 3.74% |
| Aug 9, 2023 | $1.35 | 3% |
| May 11, 2023 | $1.35 | 2.86% |
| Feb 9, 2023 | $1.35 | 2.05% |
| Nov 10, 2022 | $0.9 | 2.21% |
| Aug 10, 2022 | $0.9 | 1.72% |
| May 12, 2022 | $0.9 | 1.91% |
| Feb 10, 2022 | $0.9 | 1.66% |
| Nov 10, 2021 | $0.7 | 1.66% |
| Aug 12, 2021 | $0.7 | 1.8% |
| May 13, 2021 | $0.7 | 1.71% |
| Feb 11, 2021 | $0.7 | 1.88% |
| Nov 5, 2020 | $0.56 | 2.61% |
| Aug 6, 2020 | $0.56 | 2.39% |
| May 14, 2020 | $0.56 | 2.79% |
| Feb 13, 2020 | $0.56 | 1.52% |
| Nov 7, 2019 | $0.45 | 1.77% |
| Aug 8, 2019 | $0.45 | 1.76% |
| May 9, 2019 | $0.45 | 1.49% |
| Feb 7, 2019 | $0.45 | 1.89% |
| Nov 15, 2018 | $0.375 | 1.86% |
| Aug 9, 2018 | $0.375 | 1.86% |
| May 10, 2018 | $0.375 | 2.12% |
| Feb 15, 2018 | $0.375 | 1.72% |
| Nov 16, 2017 | $0.3 | 1.84% |
| Aug 9, 2017 | $0.3 | 1.78% |
| May 10, 2017 | $0.3 | 1.76% |
| Feb 8, 2017 | $0.3 | 1.58% |
| Nov 2, 2016 | $0.24 | 2.01% |
| Aug 10, 2016 | $0.24 | 1.8% |
| May 11, 2016 | $0.24 | 1.63% |
| Feb 10, 2016 | $0.24 | 2.23% |
| Nov 4, 2015 | $0.19 | 1.4% |
| Aug 12, 2015 | $0.19 | 1.34% |
| May 13, 2015 | $0.19 | 1.25% |
| Feb 11, 2015 | $0.19 | 1.22% |
Nexstar Media Group dividend payout ratio
Payout ratio
Nexstar Media Group's payout ratio of 49.9% is above the industry average but below the Communication Services sector average. If we compare it with its Communication Services sector average of 53.2%, Nexstar Media Group's payout ratio is 6% lower.
Total amount of dividends paid per financial year (from cash flow)
NXST dividend vs peer dividends
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| EVC Entravision Communications Corp | 8.66% | $0.2 | N/A |
| SBGI Sinclair Broadcast Group Inc | 5.69% | $1 | N/A |
| GTN Gray Television Inc | 5.48% | $0.32 | 400% |
| NXST Nexstar Media Group Inc | 3.54% | $6.42 | 49.9% |
| CMCSA Comcast Corp | 2.88% | $1.22 | 32.4% |
| FOXA Fox Corp | 1.26% | $0.53 | 16.9% |
| DIS Walt Disney Co | 0.78% | $0.75 | 28.6% |
| 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 11 years.
When was NXST's last dividend?
Nexstar Media Group's last regular dividend was on Aug 9, 2024 (ex-date) with the amount of $1.69 per share.
How much dividend does Nexstar Media Group pay (per share)?
NXST's annualized dividend per share is $6.42.
What is Nexstar Media Group's dividend yield?
Currently Nexstar Media Group's dividend yield is 3.64%.
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 49.9%.
Does Nexstar Media Group pay a good dividend?
Nexstar Media Group's dividend yield is more than the Communication Services sector average.
Special dividends are included in TTM DPS and yield. Data from 
and Sharadar.