Nexstar Media Group Dividends and Buybacks
Dividend criteria checks 5/6
Nexstar Media Group is a dividend paying company with a current yield of 3.95% that is well covered by earnings. Next payment date is on 29th November, 2024 with an ex-dividend date of 15th November, 2024.
Key information
3.9%
Dividend yield
10.0%
Buyback Yield
| Total Shareholder Yield | 13.9% |
| Future Dividend Yield | 4.7% |
| Dividend Growth | 9.2% |
| Next dividend pay date | 29 Nov 24 |
| Ex dividend date | 15 Nov 24 |
| Dividend per share | €6.229 |
| Payout ratio | 37% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: NXZ's dividends per share have been stable in the past 10 years.
Growing Dividend: NXZ's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Nexstar Media Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (NXZ) | 3.9% |
| Market Bottom 25% (DE) | 1.7% |
| Market Top 25% (DE) | 4.8% |
| Industry Average (Media) | 7.1% |
| Analyst forecast (NXZ) (up to 3 years) | 4.7% |
Notable Dividend: NXZ's dividend (3.95%) is higher than the bottom 25% of dividend payers in the German market (1.74%).
High Dividend: NXZ's dividend (3.95%) is low compared to the top 25% of dividend payers in the German market (4.76%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (36.7%), NXZ's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (24%), NXZ's dividend payments are well covered by cash flows.