Nexstar Media Group, Inc. (Nasdaq: NXST) has announced that its Board of Directors declared a quarterly cash dividend of USD 0.56 per share of its Class A common stock, the company said.
The dividend is payable on Friday, May 29, 2020, to shareholders of record on Friday, May 15, 2020.
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 is a diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media, digital and mobile media platforms. Nexstar owns, operates, programs or provides sales and other services to 196 television stations and related digital multicast signals reaching 114 markets or approximately 38% of all US television households (reflecting the FCC´s UHF discount). For more information visit www.nexstar.tv.