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NXST (Nexstar Media Group) 5-Year Dividend Growth Rate : 31.20% (As of Dec. 2024)


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What is Nexstar Media Group 5-Year Dividend Growth Rate?

Nexstar Media Group's Dividends per Share for the three months ended in Dec. 2024 was $1.69.

During the past 12 months, Nexstar Media Group's average Dividends Per Share Growth Rate was 25.20% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 34.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 31.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 26.70% 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.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Nexstar Media Group was 34.20% per year. The lowest was 23.10% per year. And the median was 26.00% per year.

Nexstar Media Group's Dividend Payout Ratio for the three months ended in Dec. 2024 was 0.21. As of today, Nexstar Media Group's Dividend Yield % is 4.65%.

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 of Nexstar Media Group's 5-Year Dividend Growth Rate

For the Broadcasting subindustry, Nexstar Media Group's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-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's 5-Year Dividend Growth Rate Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Nexstar Media Group's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Nexstar Media Group's 5-Year Dividend Growth Rate falls into.


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Nexstar Media Group 5-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 least square regression.

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) 5-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. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=1.69/ 8.081
=0.21

During the past 13 years, the highest Dividend Payout Ratio of Nexstar Media Group was 0.52. The lowest was 0.12. And the median was 0.24.

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 1.8600002025-02-122025-02-122025-02-26Cash DividendquarterlyUSD:USD 1.000000
USD 1.6900002024-11-152024-11-152024-11-29Cash DividendquarterlyUSD:USD 1.000000
USD 1.6900002024-08-092024-08-092024-08-23Cash DividendquarterlyUSD:USD 1.000000
USD 1.6900002024-05-092024-05-102024-05-24Cash DividendquarterlyUSD: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

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=6.93/149.23
=4.64 %

Current Share Price is $149.23.
Nexstar Media Group's Dividends per Share for the trailing twelve months (TTM) ended in Today is $6.93.

During the past 13 years, the highest Dividend Yield of Nexstar Media Group was 4.81%. The lowest was 1.10%. And the median was 1.76%.

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 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Nexstar Media Group's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Nexstar Media Group Business Description

Traded in Other Exchanges
Address
545 E. John Carpenter Freeway, Suite 700, Irving, TX, USA, 75062
Nexstar is the largest television station owner-operator in the United States with over 200 stations in 116 markets, reaching 220 million people. Of its 200 stations, 155 are affiliated with the four national broadcast networks: 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 maintains stations in 13 of the top 20 television markets and reaches 68% of US TV households. Nexstar also owns NewsNation (formerly WGN), a cable news network, 75% of the fifth national broadcaster, the CW, and a 31% stake in Food Network and Cooking Channel.
Executives
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
Dana Zimmer officer: President, Distribution 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Gary Weitman officer: See Remarks 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Perry A Sook director, officer: Chief Executive Officer 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062
Charles Thomas Mcmillen director 1103 SOUTH CAROLINA AVENUE, WASHINGTON DC 20003
Lee Ann Gliha officer: EVP, Chief Financial Officer 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Bernadette S. Aulestia director 203 EAST MAIN STREET, SPARTANBURG SC 29319
Lisbeth Mcnabb director C/O NEXSTAR BROADCASTING GROUP, INC., 909 LAKE CAROLYN PARKWAY, IRVING TX 75039-3906
John R Muse director 2100 MCKINNEY AVENUE, SUITE 1600, DALLAS TX 75201
Blake Russell officer: Vice President, Marketing 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
D Geoffrey Armstrong director 5900 PRINCESS GARDEN PARKWAY, 7TH FL, LANHAM MD 20706
Rachel Morgan officer: EVP General Counsel 545 E. JOHN CARPENTER FREEWAY, IRVING TX 75062
Michael Biard officer: President & COO C/O NEXSTAR MEDIA GROUP, INC., 545 E. JOHN CARPENTER FREEWAY, SUITE 700, IRVING TX 75062