NXST Stock — Nexstar Media Group, Inc.

Nexstar Media Group, Inc. (NXST)

Updated October 16, 2026.

NXST is a Stock. its distribution rate is 4.52%, its trailing-12-month yield is 4.52%. Dividend Vision Distribution Safety Score™ is 82/100 (Safe). Total return is 1634.5% over the past 22.9 years, 634.8 points ahead of SPY at 999.7%.

Nexstar Media Group is the largest television station owner in the United States, operating local TV and radio stations, digital media properties, and the national cable news network NewsNation across the country. The company generates revenue through advertising on its broadcast stations and digital platforms, as well as through television programming services. It offers a moderate current distribution rate paid quarterly.

NXST performance versus SPY

Price and return data through 2026-10-16.

Total return is 1634.5% over the past 22.9 years, 634.8 points ahead of SPY at 999.7%. Over the past year its total return — price change plus distributions reinvested — is -9.8%. Its deepest 1-year drawdown was 38.4%.

NXST key facts

Distribution Safety Score™

82 · Safe

Safety-Adjusted Yield

3.71%

Asset type

Stock

Asset class

Equity

Inception date

11/24/2003

Distribution rate

4.52%

Distribution frequency

Quarterly

Trailing yield

4.52%

5-year average yield

2.82

Last close

$164.59 (as of 2026-10-16)

Market cap

$5,070,738,262

Average volume

308589.0

Dividend

$1.86

Ex-dividend date

08/14/2026

Payment date

08/28/2026

Beta

0.928

Payout ratio

47.8%

P/E ratio

31.17

Forward P/E

8.9047

EPS

$5.28

How Dividend Vision calculates yield and returns

Distribution rate (4.52%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (4.52%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

NXST risks and drawbacks

Payments are quarterly, so cash flow is lumpy versus a monthly fund. The deepest 1-year drawdown on record here is 38.4%.

Who may consider NXST — and who may not

NXST may suit someone looking for a high Distribution Safety Score, moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (NXST pays quarterly); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on NXST

• All tickers starting with N

Tagged: Dividend, Communication Services.

Frequently asked questions