Nexstar Board OK’s Dividend


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.