Nexstar Media Group Raises Quarterly Cash Dividend by 10% to $1.86 Per Share
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Nexstar Media Group has announced a 10% increase in its quarterly cash dividend, raising it to $1.86 per share. This increase will take effect in the first quarter of 2025, with the dividend payable on February 26, 2025, to shareholders of record on February 12, 2025.
January 29, 2025 | 12:15 pm
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Nexstar Media Group has increased its quarterly dividend by 10% to $1.86 per share, effective Q1 2025. This move reflects the company's strong financial position and commitment to returning value to shareholders.
The 10% increase in the dividend indicates Nexstar's strong financial health and commitment to shareholder returns, which is likely to positively impact the stock price in the short term as investors may view this as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100