Nexstar Media Group, Inc. Declares Quarterly Cash Dividend, Payable on May 24, 2024
April 26, 2024 at 07:00 am EDT
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Nexstar Media Group, Inc. announced that its Board of Directors declared a quarterly cash dividend of $1.69 per share of its common stock. The dividend is payable on May 24, 2024, to shareholders of record on May 10, 2024. While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion.
Nexstar Media Group, Inc. is a diversified media company with television broadcasting, television network and digital media assets operating in the United States. The Company produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. The Companyâs segments include Broadcast and The CW Network, LLC (The CW). The Broadcast segment includes television stations and related local websites that Company owns, operates, programs or provides sales and other services to in various markets across the United States, NewsNation, a national cable news network, two owned and operated digital multicast networks and other multicast network services, and WGN-AM, a Chicago radio station. The CW segment is a broadcast network in the United States. The other activities of the Company include digital businesses focused on the national marketplace and the management of certain real estate assets.
NEXSTAR MEDIA GROUP, INC. 
