Nexstar Media Group Declares Quarterly Cash Dividend of $1.86 Per Share

IRVING, Texas--(BUSINESS WIRE)-- Nexstar Media Group, Inc. (NASDAQ: NXST) announced today that its Board of Directors declared a quarterly cash dividend of $1.86 per share of its common stock. The dividend is payable on Friday, May 29, 2026, to shareholders of record on Friday, May 15, 2026.

While the Company intends to pay regular quarterly cash dividends for the foreseeable future, all subsequent dividends will be reviewed quarterly and declared by the Board of Directors at its discretion, including future increases.

About Nexstar Media Group, Inc.

Nexstar Media Group, Inc. (NASDAQ: NXST) is a leading diversified media company that produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. For more information, please visit nexstar.tv.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260501993243/en/

Investor Contacts:
Lee Ann Gliha
Executive Vice President and Chief Financial Officer
Nexstar Media Group, Inc.
972/373-8800

Joseph Jaffoni or Jennifer Neuman
JCIR
212/835-8500 or [email protected]

Media Contact:
Gary Weitman
EVP and Chief Communications Officer
972/373-8800
[email protected]

Source: Nexstar Media Group, Inc.

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