Nexstar Media Group, Inc. - (NXST) Dividends

Nexstar Media Group, Inc. - (NXST)

Today's Latest Price: $89.40 USD

1.75 (2.00%)

Updated Aug 3 2:02pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 8 in Entertainment - Broadcasters

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • NXST's free cash flow has increased for the 7th quarter in a row.
  • As for stocks whose price is uncorrelated with NXST's price and thus may be suitable peers for a diversified dividend portfolio, check out the following: COKE, SIGI, CHD, MARPS and PLT.
NXST Ex-Dividend Date
NXST Dividend Yield
2.56%
NXST Annual Dividend
$2.24
NXST Payout Ratio

NXST Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$89.40$24.79 -71.91%

For dividend yielding stocks, the Dividend Discount Model (DDM) is a common valuation tool; it attempts to extrapolate a fair share price based primarily on the dividend the stock provides relative to a number of other quantiative aspects of its business. Regarding Nexstar Media Group Inc, the DDM model generated by StockNews estimates a return of negative 71.91% in comparison to its current price. To help understand and contextualize the model's evaluation of NXST, investors may wish to consider are:

  • Nexstar Media Group Inc's dividend growth rate is higher than 82.16% of stocks in its sector (Consumer Cyclical).
  • In terms of opportunity, Nexstar Media Group Inc's estimated return of -71.91% surpasses about just 14.69% of dividend issuers we applied the dividend discount model to.
  • Beta tells us how volatile a stock's price is relative to the broader equity index; as for NXST, approximately just 12.25% of US-listed dividend issuers had a higher beta, and thus may have greater price volatility.

NXST Dividend Chart


NXST Dividend History

Ex-Dividend Date Type Payout Amount Change
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NXST Dividends vs. Peers

NXST's dividend yield currently ranks #3 of 10 vs. its peers in the Entertainment - Broadcasters category.
Rank Symbol Name Dividend Yield
1 EVC Entravision Communications Corporation 7.58%
2 SBGI Sinclair Broadcast Group, Inc. - 3.88%
3 NXST Nexstar Media Group, Inc. - 2.56%
4 TGNA TEGNA Inc 2.38%
5 TRCO Tribune Media Company 2.14%
6 CBS CBS Corporation Class B 1.77%
7 SSP E.W. Scripps Company (The) - 1.76%
8 GTN Gray Television, Inc. 0.00%
9 TV Grupo Televisa S.A. 0.00%
10 CETV Central European Media Enterprises Ltd. - 0.00%



Looking for More Information on NXST dividends?

Here are a few links from around the web to help you further your research on Nexstar Media Group Inc and its dividends:

Nexstar Media Group Inc Common Stock (NXST) Dividend History | Nasdaq
Dividend History for Nexstar Media Group Inc (NXST) - Dividend Investor
Nexstar Media Group Inc (NXST) Dividend History - Seeking Alpha


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