Nexstar Media Group Declares Quarterly Cash Dividend of $1.69 Per Share
Nexstar Media Group Declares Quarterly Cash Dividend of $1.69 Per Share
Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock. The dividend is payable on Friday, May 24, 2024, to shareholders of record on Friday, May 10, 2024.
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 310,000 hours of programming produced annually by its business units. Nexstar owns America’s largest local television broadcasting group comprised of top network affiliates, with over 200 owned or partner stations in 117 U.S. markets reaching 220 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.
Investor:
Lee Ann Gliha
Executive Vice President and Chief Financial Officer
Nexstar Media Group, Inc.
972/373-8800
Joseph Jaffoni or Jennifer Neuman
JCIR
212/835-8500 or nxst@jcir.com
Media:
Gary Weitman
EVP and Chief Communications Officer
972/373-8800
gweitman@nexstar.tv
View source version on businesswire.com: https://www.businesswire.com/news/home/20240426228060/en/
-
P-CAPE: A Better Way for Investors to Estimate Future Returns
-
Which Stocks Have Driven the Stealth Large-Value Rally?
-
Forecasts for Q2 GDP Report Show a Healthy but Slowing Economy
-
5 Stocks to Buy as the Market Rally Broadens
-
4 Cheap Mining Stocks
-
CrowdStrike Selloff a Buying Opportunity After Outage
-
Markets Brief: GDP and Inflation Back in the Spotlight
-
What’s Happening in the Markets This Week
-
Best Innovative Companies to Own: 2024 Edition
-
AT&T Earnings: Wireless Customer Gains and Margin Expansion Continue to Drive Cash Flow
-
Visa Earnings: Growth Slows a Bit
-
GM Earnings: China Problems Worsening While EV Volumes Rise and Combustion Business Strong
-
GE Aerospace Earnings: Margins Expand on Strong Service Revenue
-
CrowdStrike: We Don’t Share Market’s View, Firm Remains High-Quality
-
19 Best Healthcare Companies to Invest In
-
Tesla Earnings: Affordable Vehicle Still on Track for 2025 Launch and 2026 Ramp