Nexstar Media Group, Inc. - (NXST) Dividends

Nexstar Media Group, Inc. - (NXST): $164.11

1.00 (+0.61%)

POWR Rating

Component Grades

Momentum

D

Stability

C

Sentiment

Quality

B

Dividend Yield and Dividend History Highlights

  • In terms of compounded growth rate of annual dividends, NXST's growth rate has been 0.32% over the past 5.5 years.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with NXST's price: REYN, GLT, K, CTXS and TAK.
NXST Ex-Dividend Date
NXST Dividend Yield
4.09%
NXST Annual Dividend
$6.76
NXST Payout Ratio

NXST Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$164.11$91.91 -50.42%

A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. As for NXST, the DDM model, as implemented by StockNews, implies a negative return of 50.42% relative to its current price. To help understand and contextualize the model's evaluation of NXST, investors may wish to consider are:

  • Regarding its relative worth based on the dividend discount model, NXST's provides a return of -50.42% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 31.07% of all stocks we measured with our dividend discount model.
  • A stock's beta generally indicates its volatility relative to the broader equity market; for Nexstar Media Group Inc, its beta is lower than 27.13% of dividend issuing stocks we observed.
  • In terms of who is growing the amount of dividends they return to shareholders, NXST boasts a higher growth rate in terms of its annual cash distributed to its owners than 93.49% of the dividend issuers in our set.


NXST Dividend History

Ex-Dividend Date Type Payout Amount Change
2024-02-08Dividend$1.69+25.19%
2023-11-09Dividend$1.35--
2023-08-09Dividend$1.35--
2023-05-11Dividend$1.35--
2023-02-09Dividend$1.35+50.00%
2022-11-10Dividend$0.90--
2022-08-10Dividend$0.90--
2022-05-12Dividend$0.90--
2022-02-10Dividend$0.90+28.57%
2021-11-10Dividend$0.70--
2021-08-12Dividend$0.70--
2021-05-13Dividend$0.70--
2021-02-11Dividend$0.70+25.00%
2020-11-05Dividend$0.56--
2020-08-06Dividend$0.56--
2020-05-14Dividend$0.56--
2020-02-13Dividend$0.56+24.44%
2019-11-07Dividend$0.45--
2019-08-08Dividend$0.45--
2019-05-09Dividend$0.45--
2019-02-07Dividend$0.45+20.00%
2018-11-15Dividend$0.38--
2018-08-09Dividend$0.38--
2018-05-10Dividend$0.38--
2018-02-15Dividend$0.38+25.00%
2017-11-16Dividend$0.30--
2017-08-09Dividend$0.30--
2017-05-10Dividend$0.30--
2017-02-08Dividend$0.30+25.00%
2016-11-02Dividend$0.24--
2016-08-10Dividend$0.24--
2016-05-11Dividend$0.24--
2016-02-10Dividend$0.24+26.32%
2015-11-04Dividend$0.19--
2015-08-12Dividend$0.19--
2015-05-13Dividend$0.19--
2015-02-11Dividend$0.19+26.67%
2014-11-05Dividend$0.15--
2014-08-13Dividend$0.15--
2014-05-14Dividend$0.15--
2014-02-12Dividend$0.15+25.00%
2013-11-13Dividend$0.12--
2013-08-14Dividend$0.12--
2013-05-15Dividend$0.12--
2013-02-13Dividend$0.12--


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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