Nexstar Media Group (FRA:NXZ) 5-Year Yield-on-Cost % : 12.17 (As of Apr. 30, 2024)

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What is Nexstar Media Group 5-Year Yield-on-Cost %?

Nexstar Media Group's yield on cost for the quarter that ended in Dec. 2023 was 12.17.

The historical rank and industry rank for Nexstar Media Group's 5-Year Yield-on-Cost % or its related term are showing as below:

FRA:NXZ' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.18 Med: 5.77 Max: 13.07
Current: 12.17

During the past 13 years, Nexstar Media Group's highest Yield on Cost was 13.07. The lowest was 1.18. And the median was 5.77.

FRA:NXZ's 5-Year Yield-on-Cost % is ranked better than
94.79% of 384 companies
in the Media - Diversified industry
Industry Median: 3.36 vs FRA:NXZ: 12.17

Competitive Comparison of Nexstar Media Group's 5-Year Yield-on-Cost %

For the Entertainment subindustry, Nexstar Media Group's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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's 5-Year Yield-on-Cost % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Nexstar Media Group's 5-Year Yield-on-Cost % falls into.

Nexstar Media Group 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Nexstar Media Group is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

Nexstar Media Group (FRA:NXZ) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

Nexstar Media Group 5-Year Yield-on-Cost % Related Terms

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Nexstar Media Group (FRA:NXZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Nexstar Media Group Inc (FRA:NXZ) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

NXST:USA

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.

Nexstar Media Group (FRA:NXZ) Headlines

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