Nexstar Media Group's last quarterly dividend payment of $0.9 per share was made to shareholders on record before Nov 10, 2022. At an annualized rate of $3.6 per share, the stock yields 1.76%.
Nexstar Media Group's dividend yield of 1.76% is lower than the Communication Services sector, the industry and its peers average. If we compare it with the Communication Services sector average of 2.62%, Nexstar Media Group's dividend yield is 33% lower. The current dividend yield is less than the historical average of 1.9% of the last 5 years.
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 29% since one year ago. And with the stock price up by 26% from a year ago, the dividend yield has grown by 2.1%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Nov 10, 2022 | Nov 28, 2022 | Oct 28, 2022 | $0.9 | normal |
| 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's payout ratio of 14% is below the Communication Services sector, the industry and its peers average. If we compare it with its Communication Services sector average of 41%, Nexstar Media Group's payout ratio is 66% lower.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| SBGI Sinclair Broadcast Group Inc | 4.89% | $1 | 2.9% |
| CMCSA Comcast Corp | 2.73% | $1.08 | 90.8% |
| NXST Nexstar Media Group Inc | 1.76% | $3.6 | 14% |
| EVC Entravision Communications Corp | 1.59% | $0.1 | 37% |
| FOXA Fox Corp | 1.45% | $0.49 | 24.5% |
| SSP EW SCRIPPS Co | N/A | N/A | N/A |
Yes, Nexstar Media Group has been paying dividends for the last nine years.
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 February 2023.
Nexstar Media Group's last regular dividend was on Nov 10, 2022 (ex-date) with the amount of $0.9 per share.
NXST's annualized dividend per share is $3.6.
Currently Nexstar Media Group's dividend yield is 1.76%.
Nexstar Media Group pays four dividends per year.
Nexstar Media Group's dividend payout ratio is 14%.
Nexstar Media Group's dividend yield is less than the Communication Services sector average.