Nexstar Media Group, Inc. (NXST) Dividend
Nexstar Media Group, Inc. (NXST) currently pays a dividend yield of 4.41%, distributing $7.44 per share annually ($1.86 per quarter). The company operates in the Communication Services sector.
NXST has raised its dividend for 12 consecutive years.
NXST dividend at a glance
| Dividend Yield | 4.41% |
|---|---|
| Annual Dividend | $7.44 per share |
| Per Payment | $1.86 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | November 13, 2026 |
| Next Payment Date | November 27, 2026 |
| Payout Ratio | 141% |
| Consecutive Years of Dividend Growth | 12 |
| Sector | Communication Services |
| Implied Share Price (from yield) | $168.71 |
What NXST pays on a $10,000 investment
At a 4.41% yield, $10,000 invested in NXST generates about $441.00 per year, or roughly $110.25 every quarter. Share counts below use an implied price of $168.71, derived from the $7.44 annual dividend and the 4.41% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 5.9 | $44.10 | $11.03 |
| $5,000 | 29.6 | $220.50 | $55.13 |
| $10,000 | 59.3 | $441.00 | $110.25 |
| $25,000 | 148.2 | $1,102.50 | $275.63 |
| $100,000 | 592.7 | $4,410.00 | $1,102.50 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
NXST dividend payment schedule
NXST pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is November 13, 2026, with payment on November 27, 2026. Later rows are projected forward at the same interval and will shift when Nexstar Media Group, Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| November 13, 2026 | November 27, 2026 | $1.86 | Confirmed |
| February 13, 2027 | February 27, 2027 | $1.86 | Projected |
| May 13, 2027 | May 27, 2027 | $1.86 | Projected |
| August 13, 2027 | August 27, 2027 | $1.86 | Projected |
To collect a NXST dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How NXST's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. NXST's 4.41% is 0.84 percentage points above that median, ranking 439th of 1000 by yield.
Within Communication Services, where we track 17 names, the median yield is 2.65% — putting NXST above its sector. A yield well above the sector norm is worth a second look: it can signal a depressed share price rather than a generous payout.
Its 12-year run of dividend increases ranks 157th out of the 553 names in our data with an active growth streak.
What the numbers mean
NXST pays out roughly 141% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, NXST distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
NXST dividend FAQ
When is the next NXST ex-dividend date?
The next NXST ex-dividend date is November 13, 2026, with the payment scheduled for November 27, 2026. You must own shares before the ex-dividend date to receive that payment.
What is NXST's dividend yield?
NXST currently yields 4.41%, based on $7.44 in dividends per share over the past year.
How often does NXST pay dividends?
NXST pays quarterly, which works out to 4 payments per year of about $1.86 per share.
How much dividend income would $10,000 of NXST generate?
At the current 4.41% yield, $10,000 invested in NXST would produce roughly $441.00 per year, or about $110.25 per quarter, before taxes and assuming the dividend holds.
Has NXST increased its dividend?
Yes — NXST has raised its dividend for 12 consecutive years.
NXST dividend history
DivTrkr holds 55 recorded NXST dividend payments going back to 2013, with 12 consecutive complete years of increases and +27.1% a year of growth over the last five complete years. See the full NXST dividend history — every payment, annual totals and growth by year.
Related dividend stocks
Other Communication Services dividend payers
- GOOW — Roundhill GOOGL WeeklyPay ETF dividend (33.83%)
- TU — TELUS Corporation dividend (7.20%)
- VZ — Verizon Communications Inc. dividend (6.31%)
- VSNT — Versant Media Group, Inc. dividend (6.20%)
- CMCSA — Comcast Corporation dividend (5.78%)
- T — AT&T Inc. dividend (4.89%)
- OMC — Omnicom Group Inc. dividend (3.88%)
- TIGO — Millicom International Cellular S.A. dividend (2.65%)
Similar yields to NXST
- EQR — Equity Residential dividend (4.41%)
- DOW — Dow Inc. dividend (4.40%)
- BHP — BHP Group Limited dividend (4.43%)
- PAYX — Paychex, Inc. dividend (4.43%)
- IDOG — ALPS International Sector Dividend Dogs ETF dividend (4.38%)
- SCHZ — Schwab US Aggregate Bond ETF dividend (4.38%)
Track NXST dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.