SmarterDividends

NXST vs VZ: Which Is the Better Dividend Stock?

As of Oct 18, 2026, NXST and VZ are closely matched. VZ offers the higher yield at 6.32%, VZ has the higher dividend-safety score, and NXST looks like the better value (its fair-value estimate is 65% above its share price).

Key facts: NXST vs VZ

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Verizon Communications Inc. (VZ) has the higher forward dividend yield at 6.32%, versus 4.52% for Nexstar Media Group, Inc. (NXST).
  • As of Oct 18, 2026, SmarterDividends grades NXST's dividend safety B (75/100) and VZ's A (87/100).
  • By SmarterDividends' count as of Oct 18, 2026, NXST has raised its dividend for 12 consecutive years and VZ for 21.
  • As of Oct 18, 2026, NXST pays out 141% of its earnings as dividends and VZ pays out 73%.
  • As of Oct 18, 2026, NXST's fair-value estimate is 65% above its share price and VZ's fair-value estimate is 56% above its share price, so NXST looks like the better value of the two on SmarterDividends' blended model.
Cite this page

SmarterDividends, "NXST vs VZ: Dividend Yield, Safety & Value Compared," updated Oct 18, 2026, https://smarterdividends.com/compare/nxst-vs-vz

MetricNXSTVZ
Forward yield4.52%6.32%
Annual dividend$7.44$2.83
Payout ratio141%73%
Years of growth12 yr21 yr
5-yr dividend growth27.1%2.0%
5-yr total return10%-11%
Dividend safety score75 (B)87 (A)
Fair value estimate$271.48$70.01
Upside to fair value+65%+56%
Frequencyquarterlyquarterly
Market cap$5.1B$186.1B
P/E ratio31.211.7

Higher yield

VZ

6.32%

Safer dividend

VZ

Grade A

Faster growth

NXST

27.1%

Better value

NXST

+65% upside

NXST vs VZ — FAQ

Is NXST or VZ a better dividend stock?

NXST and VZ are closely matched. VZ has the higher yield; VZ scores better on safety.

Which has a higher dividend yield, NXST or VZ?

VZ has the higher forward dividend yield at 6.32%, versus 4.52% for NXST.

Is NXST or VZ safer?

VZ has the higher dividend-safety score (87/100 vs 75/100), reflecting stronger payout coverage and dividend-growth history.

Is NXST or VZ better value right now?

As of Oct 18, 2026, NXST looks like the better value: its fair-value estimate is 65% above its share price (undervalued). For VZ, its fair-value estimate is 56% above its share price.

See more dividend stock comparisons · data refreshes daily · for informational purposes only, not investment advice.