Nexstar Media Group Declares Quarterly Cash Dividend of $1.35 Per Share
Nexstar Media Group declares quarterly cash dividend of $1.35 per share of common stock.
Positive
Nexstar Media Group announced a quarterly cash dividend of $1.35 per share of its common stock. The dividend is payable on November 27, 2023, to shareholders of record on November 10, 2023.
10/27/2023 - 08:30 AM
IRVING, Texas --(BUSINESS WIRE)--
Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.35
While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion.
About Nexstar Media Group, Inc.
Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms, including more than 300,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local broadcasting group comprised of top network affiliates, with 200 owned or partner stations in 116 U.S. markets reaching 212 million people. Nexstar’s national television properties include The CW, America’s fifth major broadcast network, NewsNation, America’s fastest-growing national cable news network, popular entertainment multicast networks Antenna TV and Rewind TV, and a 31.3% ownership stake in TV Food Network. The Company’s portfolio of digital assets, including its local TV station websites, The Hill and NewsNationNow.com, are collectively a Top 10 U.S. digital news and information property. For more information, please visit nexstar.tv.
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Investors:
nxst@jcir.com
Media:
gweitman@nexstar.tv
Source: Nexstar Media Group, Inc.
What is the dividend amount announced by Nexstar Media Group?
Nexstar Media Group announced a quarterly cash dividend of $1.35 per share of its common stock.
When is the dividend payable?
The dividend is payable on November 27, 2023.
Who are the shareholders eligible for the dividend?
Shareholders of record on November 10, 2023, are eligible for the dividend.
Will Nexstar Media Group continue to pay regular dividends in the future?
The Company intends to pay regular quarterly cash dividends for the foreseeable future, subject to review and discretion of the Board of Directors.
NXST Rankings
#3381 Ranked by Stock Gains
NXST Stock Data
Industry
Television Broadcasting
Sector
Information
Tags
Consumer Services, Broadcasting, Information, Television Broadcasting
Country
US
City
Irving
About NXST
nexstar media group is the largest tv station operator in the country. with the reach of 171 full power television stations in 100 markets addressing nearly 38.9% of us television households, and a diversified, growing digital media operation, nexstar media group offers superior audience engagement across all media devices and local broadcast television’s unrivalled influence on consumers’ purchasing and political decisions. in 20 years, nexstar has grown from a single station to the nation’s largest television company. this growth is fueled by an organization-wide commitment to delivering exceptional service to our communities and outstanding results for our advertisers. from the very beginning, nexstar has cultivated an organization-wide commitment to providing superior, unique local content that is relevant to each of the communities it serves, while offering local businesses, advertisers and brands the ability to engage and connect with local communities.
