Nexstar Media Group (Nexstar Media Group) Dividend Payout Ratio

: 0.34 (As of Dec. 2023)

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Nexstar Media Group's dividend payout ratio for the months ended in Dec. 2023 was 0.34.

The historical rank and industry rank for Nexstar Media Group's Dividend Payout Ratio or its related term are showing as below:

NXST' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.12 Med: 0.23 Max: 0.53
Current: 0.53

During the past 13 years, the highest Dividend Payout Ratio of Nexstar Media Group was 0.53. The lowest was 0.12. And the median was 0.23.

NXST's Dividend Payout Ratio is ranked worse than
62.35% of 332 companies
in the Media - Diversified industry
Industry Median: 0.41 vs NXST: 0.53

As of today (2024-04-15), the Dividend Yield % of Nexstar Media Group is 3.60%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Nexstar Media Group was 3.76%. The lowest was 0.34%. And the median was 1.65%.

Nexstar Media Group's Dividends per Share for the months ended in Dec. 2023 was $1.35.

During the past 12 months, Nexstar Media Group's average Dividends Per Share Growth Rate was 50.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 34.10% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 28.30% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 25.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nexstar Media Group was 34.10% per year. The lowest was 23.10% per year. And the median was 25.70% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

Nexstar Media Group Dividend Payout Ratio Historical Data

The historical data trend for Nexstar Media Group's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nexstar Media Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dividend Payout Ratio

0.40

0.12

0.14

0.52

Nexstar Media Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Dividend Payout Ratio																0.12	0.46	0.51	1.93	0.34

Competitive Comparison

For the Entertainment subindustry, Nexstar Media Group's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Nexstar Media Group Dividend Payout Ratio Distribution

For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Nexstar Media Group's Dividend Payout Ratio falls into.

Nexstar Media Group Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Nexstar Media Group's Dividend Payout Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Dec. 2023 )	/	EPS without NRI (A: Dec. 2023 )
	=	5.4	/	10.297
	=	0.52

Nexstar Media Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Dec. 2023 )	/	EPS without NRI (Q: Dec. 2023 )
	=	1.35	/	3.959
	=	0.34

Nexstar Media Group (NAS:NXST) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Nexstar Media Group Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Nexstar Media Group's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Nexstar Media Group (Nexstar Media Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nexstar Media Group Inc (NAS:NXST) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

NXZ:Germany

Address

545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062

Website

https://www.nexstar.tv

Nexstar is the largest television station owner/operator in the United States, with 200 stations in 116 markets. Of its 200 full-power stations, 155 are affiliated with the four national broadcasters: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has networks in 12 of the top 20 television markets and reaches over 68% of U.S. TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.

Executives

Blake Russell	officer: Vice President, Marketing	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Thomas Carter	officer: Senior Advisor	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Charles Thomas Mcmillen	director	1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
D Geoffrey Armstrong	director	5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706
Gary Weitman	officer: See Remarks	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Dana Zimmer	officer: President, Distribution	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Sean Compton	officer: President, Networks	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Jay M. Grossman	director	C/O ABRY PARTNERS, LLC, 888 BOYLSTON STREET, BOSTON MA 02199
Michael Biard	officer: President & COO	C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Lee Ann Gliha	officer: EVP, Chief Financial Officer	545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Perry A Sook	director, officer: Chief Executive Officer	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Royce A. Wells	director	C/O YELP INC., 350 MISSION STREET, 10TH FLOOR, SAN FRANCISCO CA 94105
Rachel Morgan	officer: EVP General Counsel	545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Andrew Alford	officer: See Remarks	545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Brett Jenkins	officer: Chief Technology Officer	C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, STE 700, IRVING TX 75062