Nexstar Media Group, Inc. Common Stock
NXSTNexstar Media Group, Inc. (NXST) is a leading American television broadcasting and media company. It operates a large portfolio of local television stations across the United States, providing news, entertainment, and advertising services. Nexstar also produces syndicated programming and digital content, making it a significant player in local media markets.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 26, 2025 | $1.86 | 2025-11-12 | 2025-11-12 |
| August 29, 2025 | $1.86 | 2025-08-15 | 2025-08-15 |
| June 2, 2025 | $1.86 | 2025-05-19 | 2025-05-19 |
| February 26, 2025 | $1.86 | 2025-02-12 | 2025-02-12 |
| November 29, 2024 | $1.69 | 2024-11-15 | 2024-11-15 |
Dividends Summary
- Consistent Payer: Nexstar Media Group, Inc. Common Stock has rewarded shareholders with 14 dividend payments over the past 3 years.
- Total Returned Value: Investors who held NXST shares during this period received a total of $21.40 per share in dividend income.
- Latest Payout: The most recent dividend of $1.86/share was paid 58 days ago, on November 26, 2025.
- Yield & Schedule: NXST currently pays dividends quarterly with an annual yield of 3.39%.
- Dividend Growth: Since 2022, the dividend payout has grown by 106.7%, from $0.90 to $1.86.
- Dividend Reliability: NXST has maintained or increased its dividend for 14 consecutive payments.
Company News
TEGNA shareholders voted to approve a merger with Nexstar Media Group, with approximately 98% of voted shares supporting the deal. The transaction is expected to close in the second half of 2026, pending regulatory approvals.
Newsmax CEO Chris Ruddy opposes a potential merger between Nexstar and Tegna, arguing that it could reduce media competition and give too much power to broadcast networks. The merger requires changing an FCC rule limiting TV station ownership to 39% of U.S. households.
The August 2025 Streaming Video Tracker report highlights emerging trends in North American OTT services, featuring new streaming launches, strategic partnerships, and the growing use of generative AI in entertainment.
NAB Show New York will take place on October 22-23, 2025, featuring keynote sessions on sports media strategy, creator economy, and the future of journalism. The event will explore emerging trends in AI, content creation, and media technologies.
Nexstar Media Group reported a decline in Q1 revenue, but raised its dividend by 10% and repurchased $75 million in shares. The company's stock soared despite the revenue drop, as it focuses on renewing distribution contracts, improving profitability at The CW, and pursuing deregulation.
