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Stock impact report

Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share

Nexstar Media Group, Inc. - Class A (NXST) 
Last nexstar media group, inc. - class a earnings: 2/26 07:04 am Check Earnings Report
Company Research Source: Business Wire
IRVING, Texas--(BUSINESS WIRE)--Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock. The dividend is payable on Friday, February 27, 2026, to shareholders of record on Friday, February 13, 2026.In anticipation of the pending accretive acquisition of TEGNA, Inc., Nexstar’s Board of Directors elected to maintain its current dividend rate. Excess cash will instead be used to finance the acquisition and/or repay debt. Nexstar’s dividend remains a core element of its capital allocation strategy and reflects the Company’s long-term financial strength. Nexstar’s current annualized dividend yield of 3.59% based on the January 29, 2026 closing stock price, places it in the 78th percentile of all dividend payers in the S&P 400.While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by Show less Read more
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