Nexstar Media Group’s Board of Directors on Friday declared a quarterly cash dividend.
How does one receive the dividend of $0.45 per share?
The dividend is payable on Friday, August 23, to shareholders of record on Friday, August 9.
The news comes as Nexstar shares closed down 1.5% on Friday, to $101.55.
In early after-hours trading, an additional four cents were shed, putting NXST at $101.51.
Nexstar has a 1-year price target of $134.33.