Nexstar Media Group's Dividends per Share for the
three
months ended in Dec. 2023 was $1.35.
The historical rank and industry rank for Nexstar Media Group's 3-Year Dividend Growth Rate or its related term are showing as below:
NXST'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 23.1 Med: 25.7 Max: 34.1
Current: 34.1
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.
NXST's 3-Year Dividend Growth Rate is ranked better than 84.55% of 220
companies
in the Media - Diversified industry
Industry Median: 7.7
vs NXST: 34.10
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.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Nexstar Media Group's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.34. As of today, Nexstar Media Group's Dividend Yield % is 3.46%.
Good Sign:
Nexstar Media Group Inc stock dividend yield is close to 10-year high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Entertainment subindustry, Nexstar Media Group's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate 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 3-Year Dividend Growth Rate Distribution
For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Nexstar Media Group's 3-Year Dividend Growth Rate falls into.
Nexstar Media Group 3-Year Dividend Growth Rate Calculation
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Nexstar Media Group (NAS:NXST) 3-Year Dividend Growth Rate Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
Nexstar Media Group's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
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.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Nexstar Media Group Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 1.690
2024-02-08
2024-02-09
2024-02-23
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.350
2023-11-09
2023-11-10
2023-11-27
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.350
2023-08-09
2023-08-10
2023-08-24
Cash Dividend
quarterly
USD:USD 1.000000
USD 1.350
2023-05-11
2023-05-12
2023-05-26
Cash Dividend
quarterly
USD:USD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Nexstar Media Group's Dividend Yield (%) for Today is calculated as
Current Share Price is $165.0801.
Nexstar Media Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $5.74.
During the past 13 years, the highest Dividend Yield of Nexstar Media Group was 3.76%. The lowest was 0.34%. And the median was 1.66%.
Good Sign:
Nexstar Media Group Inc stock dividend yield is close to 10-year high.
* 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.
Nexstar Media Group 3-Year Dividend Growth Rate Related Terms>
Nexstar Media Group (Nexstar Media Group) Business Description
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.
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