Nexstar Broadcasting Group Stock Dividends
NXST pays dividends quarterly. Last paid amount was $1.69 at Feb 23, 2024. As of today, dividend yield (TTM) is 4.68%.
Dividend Yield Range
AI Analysis of NXST
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 4.68% |
|---|---|
| Frequency | Quarterly |
| 1Y Growth | 25.19% |
| Payout Ratio | 0 |
| Amount Per Share | $1.69 |
| Next Ex-Dividend Date | May 09, 2024 |
| Next Payment Date | May 24, 2024 |
NXST Dividend Payout History
To ensure a understanding of NXST's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Apr 26, 2024 | May 09, 2024 | May 24, 2024 | $1.69 | 0.98% |
| 2 | Jan 26, 2024 | Feb 08, 2024 | Feb 23, 2024 | $1.69 | 1.03% |
| 3 | Oct 27, 2023 | Nov 09, 2023 | Nov 27, 2023 | $1.35 | 0.92% |
| 4 | Jul 26, 2023 | Aug 09, 2023 | Aug 24, 2023 | $1.35 | 0.85% |
| 5 | Apr 27, 2023 | May 11, 2023 | May 26, 2023 | $1.35 | 0.89% |
| 6 | Jan 27, 2023 | Feb 09, 2023 | Feb 24, 2023 | $1.35 | 0.705% |
| 7 | Oct 28, 2022 | Nov 10, 2022 | Nov 28, 2022 | $0.90 | 0.515% |
| 8 | Jul 28, 2022 | Aug 10, 2022 | Aug 25, 2022 | $0.90 | 0.462% |
| 9 | Apr 29, 2022 | May 12, 2022 | May 27, 2022 | $0.90 | 0.509% |
| 10 | Jan 28, 2022 | Feb 10, 2022 | Feb 28, 2022 | $0.90 | 0.486% |
Dividend Sustainability
The company's strong Dividend Sustainability Score (DSS) indicates its robust capacity to uphold current dividend levels. Furthermore, its high Dividend Growth Potential Score (DGPS) signals potential dividend growth. In summary, the company provides a promising overall dividend outlook, balancing both sustainability and growth potential.
Sustainability score
Growth potential
NXST Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from NXST dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in NXST stock here.
Comparing NXST to Sector and Country
NXST pays a solid dividend yield of 4.68%, which is higher than the average of the bottom 25% of dividend payers in the US market (0.531%). NXST’s dividend yield is lower than the average of the top 25% of dividend payers in the Communication Services sector in the US market (10.36%), which means that there are more attractive dividend stocks to consider.
NXST Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| Cogent Communications Holdings | 2.926B | $0.97 | 5.75% | 11.39% | |
| Nexstar Broadcasting Group | 5.861B | $1.69 | 4.68% | 59.13% | |
| YY Inc (ADR) | 2.076B | $0.200 | 2.09% | - | |
| Iridium Communications Inc | 3.65B | $0.130 | 1.31% | 254.62% | |
| Millicom International Cellular SA | 3.891B | $1.32 | 0% | - |
