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Nexstar Media Group declares quarterly cash dividend of $1.86 per share.
ByAinvest
Friday, Aug 1, 2025 11:40 am ET1min read
Nexstar Media Group declared a quarterly cash dividend of $1.86 per share. The dividend is payable on August 29, 2025, to shareholders of record on August 15, 2025. The company intends to pay regular quarterly cash dividends, but the decision will be reviewed quarterly by the Board of Directors.
Nexstar Media Group, Inc. (NASDAQ: NXST) has announced a quarterly cash dividend of $1.86 per share of its common stock. The dividend is payable on August 29, 2025, to shareholders of record on August 15, 2025. This declaration follows the company's commitment to regular quarterly cash dividends, although future dividends will be reviewed on a quarterly basis by the Board of Directors at their discretion [1].Nexstar Media Group is a leading diversified media company that produces and distributes local and national news, sports, and entertainment content across its television and digital platforms. With over 316,000 hours of programming produced annually and a portfolio that includes The CW, NewsNation, Antenna TV, Rewind TV, and a 31.3% ownership stake in TV Food Network, Nexstar reaches a substantial audience. The company's digital assets, including its local TV station websites and NewsNationNow.com, are among the Top 10 U.S. digital news and information properties [2].
This latest dividend announcement is a positive signal for investors, indicating the company's financial health and commitment to shareholder value. The dividend will be paid on the aforementioned dates, providing shareholders with a regular income stream. However, it is essential to note that future dividend declarations will be subject to the Board of Directors' quarterly review.
For more information, contact Lee Ann Gliha, Executive Vice President and Chief Financial Officer, at 972/373-8800, or visit Nexstar's official website at nexstar.tv [1].
References:
[1] https://www.morningstar.com/news/business-wire/20250801341369/nexstar-media-group-declares-quarterly-cash-dividend-of-186-per-share
[2] https://www.marketscreener.com/news/nexstar-media-group-inc-declares-quarterly-cash-dividend-payable-on-august-29-2025-ce7c5fd2d081f02c
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