Nexstar Media Group, Inc. (NXST) Dividend History
Income profile from 2013 to 2026 with payout safety and yield-on-cost trend
3-Second Income Check
Safety
1.6% payout ratio with sustainable safety profile.
Consistency
12 straight years of dividend increases.
Income Trend
Yield on cost is 6.9% and trend is rising.
Dividend Scorecard
Yield & Income
Payout Safety
Growth
Total Returns
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (14 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
Nexstar Media Group, Inc. distributes 1.6% of earnings as dividends (Sustainable). When measured against free cash flow—a stricter test—the payout ratio stands at 22.7%, rated "Well Covered".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
NXST has raised its dividend for 12 consecutive years, with a 3-year CAGR of 27.4% and 5-year CAGR of 27.1%.
Total Shareholder Returns
Beyond cash dividends, NXST returns capital through share repurchases. The combined picture: 2.2% dividend yield, 1.6% buyback yield, 3.8% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 6.9% and is currently rising. The 5-year total return is 92.9%, with dividends contributing 18.8% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $64,086 today.
Recent Dividend Payments
Last 20 payments · Annual
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Feb 13, 2026Latest | $1.8600 | — | 3.22% | Feb 27, 2026 |
| Nov 12, 2025 | $1.8600 | — | 3.96% | Nov 26, 2025 |
| Aug 15, 2025 | $1.8600 | — | 3.52% | Aug 29, 2025 |
| May 19, 2025 | $1.8600 | — | 4.07% | Jun 2, 2025 |
| Feb 12, 2025 | $1.8600 | ↑ +10.1% | 4.63% | Feb 26, 2025 |
| Nov 15, 2024 | $1.6900 | — | 4.18% | Nov 29, 2024 |
| Aug 9, 2024 | $1.6900 | — | 4.06% | Aug 23, 2024 |
| May 9, 2024 | $1.6900 | — | 3.42% | May 24, 2024 |
Dividend Peer Comparison
Peer group: Broadcast and Local TV Stations
Annual Dividend History
27 years of dividend data
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.86 | — | 1 | — | — | — | 1.7% |
| 2025 | $7.44 | 10.1% | 4 | $3.00 | 248.0% | 0.40x | 6.9% |
| 2024 | $6.76 | 25.2% | 4 | $21.41 | 31.6% | 3.17x | 6.3% |
| 2023 | $5.40 | 50.0% | 4 | $9.66 | 55.9% | 1.79x | 5.0% |
| 2022 | $3.60 | 28.6% | 4 | $24.16 | 14.9% | 6.71x | 3.3% |
| 2021 | $2.80 | 25.0% | 4 | $18.98 | 14.8% | 6.78x | 2.6% |
| 2020 | $2.24 | 24.4% | 4 | $17.37 | 12.9% | 7.75x | 2.1% |
| 2019 | $1.80 | 20.0% | 4 | $4.80 | 37.5% | 2.67x | 1.7% |
| 2018 | $1.50 | 25.0% | 4 | $8.21 | 18.3% | 5.47x | 1.4% |
| 2017 | $1.20 | 25.0% | 4 | $10.07 | 11.9% | 8.39x | 1.1% |
See NXST's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does NXST pay per share?
Nexstar Media Group, Inc. (NXST) pays a trailing 12-month dividend of $5.50 per share, with a current dividend yield of +2.2%. Payments are made Annual.
When is NXST's next ex-dividend date?
NXST's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. NXST typically pays dividends Annual.
Is NXST's dividend safe?
NXST's dividend safety is rated "Sustainable" based on an earnings payout ratio of +1.6% and FCF payout ratio of +22.7%. With 12 consecutive years of dividend growth, the track record supports sustainability.
Is NXST a Dividend Achiever?
Yes, Nexstar Media Group, Inc. is classified as a Dividend Achiever with 12 consecutive years of dividend increases. The 5-year dividend CAGR is +27.1%, demonstrating above-inflation dividend growth.
How often does NXST pay dividends?
Nexstar Media Group, Inc. pays dividends Annual. The trailing 12-month total is $5.50 per share. Dividend data on this page covers 13+ years from 2013 to 2026.
How much would $10,000 invested in NXST grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in NXST five years ago would be worth approximately $19,290 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is NXST's yield on cost for long-term holders?
NXST's yield on cost — the current dividend divided by the original purchase price — is +6.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +2.2% market yield, thanks to consistent dividend growth.