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Stock impact report

Nexstar Media Group, Inc. (NASDAQ:NXST) Pays A US$1.69 Dividend In Just Three Days [Yahoo! Finance]

Nexstar Media Group, Inc. (NXST) 
Last nexstar media group, inc. earnings: 2/26 07:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. In other words, investors can purchase Nexstar Media Group's shares before the 9th of May in order to be eligible for the dividend, which will be paid on the 24th of May. The company's next dividend payment will be US$1.69 per share, on the back of last year when the company paid a total of US$6.76 to shareholders. Based on the last year's worth of payments, Nexstar Media Group has a trailing yield of 4.1% on the current stock price of US$166.56. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to investigate whether Nexstar Media Group can afford its dividend, and if the dividend could g Show less Read more
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