Nexstar Media Declares $1.86 Quarterly Dividend
Nexstar Media Group (NXST) has declared a quarterly dividend of $1.86 per share, consistent with its previous payout. The forward yield is currently estimated at 3.9%. Shareholders of record as of August 14 will receive the payment on August 28, and the stock will go ex-dividend on the same date. The announcement comes amid ongoing legal challenges involving state attorneys general accusing Nexstar of violating integration orders related to its Tegna merger. Despite these issues, the dividend remains unchanged from prior quarters, suggesting continued stability in shareholder returns.
Topics: dividend Nexstar Media Group