NXST Nexstar Media Group dividend history, payout ratio & dates
- Stocks
- Communication Services
- NASDAQ: NXST
- Dividend
Nexstar Media Group's last dividend payment of $1.86 per share was made to shareholders on record before Feb 12, 2025. At an annualized rate of $6.93 per share, the stock yields 4.2%. The latest NXST stock dividend of $1.86 is an increase from the previous $1.69 distribution, representing a growth of 10%.
Key dates
- NXST last dividend date: Feb 12, 2025
NXST dividend stats
vs. Communication Services sector
Dividend yield
Nexstar Media Group's dividend yield of 4.2% 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 3.89%, Nexstar Media Group's dividend yield is 8% higher. The current dividend yield is more than the historical average of 2.7% of the last 5 years.
Dividend history
Nexstar Media Group has been paying dividends for the last 12 years. According to our records NXST has issued three dividends in the last twelve months. The annualized DPS has grown by 14% since one year ago. And with the stock price down by 4.3% from a year ago, the dividend yield has grown by 19%.
Recent dividends
| Ex-date | Amount | Yield (TTM) |
|---|---|---|
| Feb 12, 2025 | $1.86 | 4.63% |
| Nov 15, 2024 | $1.69 | 4.18% |
| 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 34.8% is above the industry and its peers average but below the Communication Services sector average. If we compare it with its Communication Services sector average of 50.5%, Nexstar Media Group's payout ratio is 31% 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 | 9.9% | $0.2 | N/A |
| GTN Gray Television Inc | 6.96% | $0.32 | 13.5% |
| SBGI Sinclair Broadcast Group Inc | 6.39% | $1 | 48.5% |
| NXST Nexstar Media Group Inc | 4.11% | $6.93 | 34.8% |
| CMCSA Comcast Corp | 3.64% | $1.26 | 30.7% |
| FOXA Fox Corp | 1.03% | $0.54 | 11.5% |
| DIS Walt Disney Co | 0.86% | $0.95 | 19.3% |
| 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 12 years.
When was NXST's last dividend?
Nexstar Media Group's last regular dividend was on Feb 12, 2025 (ex-date) with the amount of $1.86 per share.
How much dividend does Nexstar Media Group pay (per share)?
NXST's annualized dividend per share is $6.93.
What is Nexstar Media Group's dividend yield?
Currently Nexstar Media Group's dividend yield is 4.2%.
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 34.8%.
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.