Nexstar Media Group, Inc.
NXSTCommunication Services · Stock · quarterly payer
Forward Yield
4.11%
Annual Dividend
$7.44
Payout Ratio
158%
5-Yr Growth
27.1%
Ex-Date
May 15, 2026
Frequency
Quarterly
Summary
As of July 2026, Nexstar Media Group, Inc. (NXST) yields 4.11% ($7.44 per share annually), with a blended fair-value estimate of $99.41 — -46% downside, so it screens as overvalued. Dividend safety grade: B (74/100). 12 years of dividend growth.
Is NXST a good dividend stock?
Yes, with caveatsNexstar Media Group, Inc. (NXST) pays a quarterly dividend yielding 4.11% ($7.44/yr), with 12 years of growth and a dividend-safety grade of B. It's a solid income payer, but check the caveats below before buying.
Advantages
- 12 consecutive years of dividend growth
- Never cut its dividend on record
- Strong 27.1% 5-yr dividend growth
Risks
- Elevated payout ratio (158%)
Key Data
- Dividend Yield
- 4.11%
- Payout Ratio
- 158%
- Annual Dividend
- $7.44
- 5-Yr Avg Growth
- 27.1%
- Ex-Dividend Date
- May 15, 2026
- Years of Growth
- 12
- Frequency
- quarterly
- Beta
- 0.90
- Market Cap
- $5.6B
- P/E Ratio
- 38.9
- 5-Yr Total Return
- 22%
- 52-Week Range
- $154.47 – $254.30
- Dividend Safety
- B · 74/100
- Ever Cut?
- No
Frequently Asked Questions
NXST Price — Last 12 Months
Daily close
Price Return
1 Year
-10%
3 Years
+13%
5 Years
+22%
52-Week Range
$154.47 – $254.30
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is NXST worth?
Overvaluedlow confidenceOur blended fair-value estimate for Nexstar Media Group, Inc. is $99.41 per share, versus a market price of $183.31. That implies 46% of downside.
Fair Value
$99.41
Current Price
$183.31
Downside
-46%
Margin of Safety
-84%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
At today's price, the market is pricing in about 6.9% annual free-cash-flow growth. We model -5.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 8.8% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $4.71 EPS, $7.44 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
NXST Dividend Safety Score
Safe
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $1.8600 | regular |
| Feb 13, 2026 | — | $1.8600 | regular |
| Nov 12, 2025 | — | $1.8600 | regular |
| Aug 15, 2025 | — | $1.8600 | regular |
| May 19, 2025 | — | $1.8600 | regular |
| Feb 12, 2025 | — | $1.8600 | regular |
| Nov 15, 2024 | — | $1.6900 | regular |
| Aug 9, 2024 | — | $1.6900 | regular |
| May 9, 2024 | — | $1.6900 | regular |
| Feb 8, 2024 | — | $1.6900 | regular |
| Nov 9, 2023 | — | $1.3500 | regular |
| Aug 9, 2023 | — | $1.3500 | regular |
| May 11, 2023 | — | $1.3500 | regular |
| Feb 9, 2023 | — | $1.3500 | regular |
Income Calculator
At $7.44 / yr per share
