Nexstar Media Group, Inc. - (NXST) Dividends

Nexstar Media Group, Inc. - (NXST)

Today's Latest Price: $107.00 USD

2.35 (-2.15%)

Updated Nov 27 1:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 9 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
2.09%
NXST Annual Dividend
$2.24
NXST Payout Ratio

NXST Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$107.00$39.34 -62%

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 62% in comparison to its current price. Some interesting points we thought investors may wish to consider regarding the dividend discount model forecast for Nexstar Media Group Inc are:

  • In comparison to other stocks in the mid-sized revenue class, it has a discount rate lower than 82.29% of dividend issuing stocks in its revenue class.
  • In comparison to other dividend stocks in the Consumer Cyclical sector, NXST is growing its dividends at a faster rate than about 84.14% of them.
  • A stock's beta generally indicates its volatility relative to the broader equity market; for Nexstar Media Group Inc, its beta is lower than merely 11.34% of dividend issuing stocks we observed.

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 #4 of 11 vs. its peers in the Entertainment - Broadcasters category.
Rank Symbol Name Dividend Yield
1 EVC Entravision Communications Corporation 3.39%
2 SBGI Sinclair Broadcast Group, Inc. - 2.85%
3 TRCO Tribune Media Company 2.14%
4 NXST Nexstar Media Group, Inc. - 2.09%
5 TGNA TEGNA Inc 1.92%
6 CBS CBS Corporation Class B 1.77%
7 SSP E.W. Scripps Company (The) - 1.53%
8 GTN Gray Television, Inc. 0.00%
9 TV Grupo Televisa S.A. 0.00%
10 LIZI Lizhi Inc. ADR 0.00%
11 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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