$1.86 per share of common stock is the quarterly cash dividend Nexstar Media Group's (NASDAQ: NXST) Board of Directors declared July 31, 2026, with payment set for August 28 to shareholders of record on August 14. Four quarters at that rate produce an annualized run-rate of $7.44 per share. Nexstar filed the declaration as an 8-K under Other Events from Irving, Texas.
Declared payment terms
The distribution covers common stockholders. Record date and payment date are both Fridays, 14 calendar days apart. The filing does not include a total aggregate payout figure or share count; Nexstar released no additional financial data alongside the announcement.
Board language on continuity and flexibility
The Board stated its intent to continue regular quarterly cash dividends for the foreseeable future. Each subsequent payment will be reviewed quarterly and declared at the Board's discretion, with future increases named as a possibility. The $1.86 rate applies to this quarter's declared dividend only; the filing establishes no minimum per-share amount for future periods.
The "foreseeable future" qualifier is standard reservation language, not a contractual commitment. Each quarter's figure remains subject to Board review before declaration.
Company and investor contacts
Nexstar Media Group is a diversified media company that produces and distributes local and national news, sports, and entertainment content across television and digital platforms. The company trades on Nasdaq under NXST.
Lee Ann Gliha, Executive Vice President and Chief Financial Officer, is the listed investor contact at 972/373-8800. Joseph Jaffoni and Jennifer Neuman at JCIR handle additional investor relations at 212/835-8500 or [email protected]. Gary Weitman, EVP and Chief Communications Officer, manages media inquiries at [email protected].