Nexstar Media Group, Inc.
NXSTCommunication Services · Stock · quarterly payer
$181.01
Add to PortfolioForward Yield
4.11%
Annual Dividend
$7.44
Payout Ratio
158%
5-Yr Growth
27.1%
Ex-Date
May 15, 2026
Frequency
Quarterly
NXST Dividend Safety Score
74/ 100
Grade B
Safe
Dividend-growth streak12 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage158% of earnings paid out
Free-cash-flow coverage34% of free cash flow
Balance-sheet strengthDebt/equity of 5.76
Yield vs its historyYield is 1.3× its 5-yr average — elevated
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
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
- $5.5B
- P/E Ratio
- 38.3
- 5-Yr Total Return
- 22%
- 52-Week Range
- $164.00 – $254.30
- Dividend Safety
- B · 74/100
- Ever Cut?
- No
Frequently Asked Questions
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
Per payment (quarterly)$186.00
Annual$744.00
Monthly avg$62.00
