Back to Dividend Stocks
Nexstar Media Group Inc. (NXST) logo

Nexstar Media Group Inc.

S&P 500

NXST/Communication Services · Broadcasting/NASDAQ

Dividend Yield

4.53%

$7.44 · Annual Dividend

Stock Price$154.70P/E34.7MCap5.0BLast update: Jun 26, 2026 at 06:56

Dividend Safety Rating

57/ 100Caution

NXST's dividend shows some areas that warrant monitoring. Strengths include a 31.8% fcf payout ratio & 1.8x current ratio. Areas of concern: 157.6% earnings payout ratio & 1.4x interest coverage. The dividend has been growing at a 27.13% 5-year CAGR.

Based on 15 of 15 metrics

Strengths

  • FCF Payout Ratio: 31.8%Free cash flow comfortably covers the dividend.
  • Gross Margin: 56.2%High gross margin signals strong pricing power.
  • Dividend Streak: 11+ yrsLong, uninterrupted dividend track record.

Risks

  • Earnings Payout Ratio: 157.6%High earnings payout ratio leaves little safety margin.
  • Interest Coverage: 1.4xInterest coverage is thin relative to debt servicing.
  • Debt-to-Equity: 576.2Debt-to-equity is elevated for the sector.

Payout & Coverage

Caution
31.8%Very Safe
55.9%Caution

Balance Sheet

Warning

Profitability

Caution
6.6%Warning
56.2%Very Safe

Dividend Track Record

Very Safe
11+ yrsVery Safe
NoneVery Safe
27.1%Very Safe

About Nexstar Media Group Inc.

Nexstar Media Group Inc. is a diversified media company that operates America's largest local television broadcasting group, owning or partnering with more than 200 stations across 116 U.S. markets and reaching approximately 220 million people. The company produces and distributes local and national news, sports, and entertainment content through television and digital platforms, generating over 317,000 hours of programming annually. Nexstar's portfolio includes majority ownership of The CW, America's fifth major broadcast network, as well as NewsNation, a national news network. The company also operates popular entertainment multicast networks, maintains a significant stake in TV Food Network, and owns digital properties including The Hill and local television station websites. Through its television stations and digital platforms, Nexstar serves as a key distributor of broadcast content across the United States, leveraging the scale and reach of its network to provide advertising solutions and content to consumers and advertisers.

Dividend Overview

Dividend Yield

4.53%

Annual Dividend

$7.44

Frequency

Quarterly

Payout Ratio

157.63%

FCF Payout Ratio

31.78%

52-Week Range

$154.47 - $254.30

Dividend History (2016–2025)

NXST annual dividend per share and yield history

Earnings & Profitability

NXST earnings per share and net profit margin

Key Dates

Last Ex-Dividend Date

May 15, 2026

Last Payment Date

May 29, 2026

Dividend Growth

3-Year Dividend CAGR

27.38%

5-Year Dividend CAGR

27.13%

10-Year Dividend CAGR

25.62%

3-Year Total Growth

106.67%

5-Year Total Growth

232.14%

10-Year Total Growth

878.95%

Income Calculator

NXST Dividend Calculator

Total Investment

$15,470.00

Annual Income

$744.00

Quarterly Income

$186.00

Monthly Income

$62.00

Frequently Asked Questions

What is NXST's current dividend yield?
Nexstar Media Group Inc. (NXST) currently has a dividend yield of 4.53%, based on a stock price of $154.70 and an annual dividend of $7.44.
When is NXST's next dividend payment date?
NXST's next ex-dividend date is 2026-05-15 and the next payment date is 2026-05-29. You must own the stock before the ex-dividend date to receive the upcoming payment.
How much does NXST pay in dividends per year?
Nexstar Media Group Inc. paid $7.44 per share in annual dividends in 2025. The dividends are paid quarterly.
Has NXST been increasing its dividend?
Nexstar Media Group Inc. has grown its dividend at a 5-year CAGR of 27.13% and a 10-year CAGR of 25.62%.
Is NXST's dividend safe?
Nexstar Media Group Inc. has a payout ratio of 157.63%. Its free cash flow payout ratio is 31.78%. The payout ratio is above 100%, which may indicate the company is paying more in dividends than it earns. This could be unsustainable long-term.
How is NXST's Dividend Safety Rating calculated?
The Dividend Safety Rating evaluates Nexstar Media Group Inc.'s dividend sustainability across four categories: Payout & Coverage (30%), Balance Sheet (20%), Profitability (20%), and Dividend Track Record (30%). Each metric is rated from "Very Safe" to "Danger" based on industry-standard thresholds, with sector-specific adjustments for communication services companies. The overall score ranges from 0 to 100.

Want to understand how we rate dividend safety? Read our full methodology

Track NXST Dividends with OnlyDividends

What will NXST actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.

Download the App

This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.

Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.

Market data provided by Twelve Data.