Nexstar Media Group returned $56 million to shareholders in dividends during the first quarter of 2026, maintaining its regular quarterly cash dividend payout of $1.86 per share. The company founded 30 years ago by its leader, Perry Sook, has voted to do it again in Q2.
Ahead of this week’s release of its Q2 2026 earnings report, Nexstar’s Board of Directors on Friday evening declared a quarterly cash dividend of $1.86 per share of its common stock. The dividend is payable on Friday, August 28, to shareholders of record on Friday, August 14.
The dividend comes as “NXST,” traded on the Nasdaq GlobalSelect market, is trading in the mid-$190 range. That’s a 1.8% improvement from where Nexstar shares were one year ago, and nearly 30% higher than where “NXST” was trading on this date in 2021.
