Nexstar Declares $1.86 Quarterly Dividend
Nexstar Media Group's board approved a quarterly cash dividend ahead of its fiscal third-quarter earnings release.
Updated on Nov. 3, 2026 in Public Companies
Nexstar Media Group's Board of Directors declared a quarterly cash dividend of $1.86 per share of common stock. The Irving, Texas-based broadcaster will release its Q3 2026 fiscal results on Thursday.
Why it matters
The dividend sets a clear payout for shareholders as the company reports results covering the three months ending September 30. Nexstar is the largest single owner of broadcast TV stations in the United States, so its payouts and quarterly performance draw close attention from investors.
The $1.86 quarterly dividend is set against a stock price just under $180, an 8.4% decline from a year ago and well below the above-$250 level seen in early March. Seven analysts project consensus revenue of $2.07 billion, including TEGNA and political advertising, but actual results are not yet reported.
The players
Nexstar Media Group
Nexstar Media Group is a Irving, Texas-based broadcaster and the largest single owner of broadcast television stations in the United States.
The details
The dividend is payable Friday, November 27, to shareholders of record as of Friday, November 13. The company is scheduled to release its Q3 2026 earnings report on November 5, covering the fiscal quarter ending September 30.
Timeline
Early March 2026: Nexstar stock trades above $250 per share.
Friday, November 13: Record date for dividend eligibility.
Thursday, November 5: Q3 2026 earnings report released.
Friday, November 27: Dividend payment date.
Market Landscape
Nexstar's position as the largest single owner of broadcast TV stations, combined with its inclusion of TEGNA in analyst revenue models, places this dividend within an ongoing consolidation of local broadcast ownership. The stock's decline from above $250 to just under $180 over the past year reflects how investors are weighing that scale against industry pressures.
Shareholders of record by November 13 will receive $1.86 per share on November 27, a payout that matters for anyone holding Nexstar stock. The November 5 earnings report will show whether the company's revenue reaches the analyst consensus of $2.07 billion.
The takeaway
Dividend payouts give investors a fixed return even as share prices move, so the November 5 earnings report will be the key test of whether Nexstar's revenue and earnings support the current payout level. Investors should compare the reported figures against the analyst estimates before drawing conclusions.
What happens next
Nexstar Media Group will release its Q3 2026 fiscal results on Thursday, November 5, 2026, and pay the dividend on Friday, November 27.
Further reading
Track more corporate payouts and quarterly reports in the Public Companies section.
