Nexstar Media Group, Inc. Declares Quarterly Cash Dividend, Payable on May 27, 2022
April 29, 2022 at 04:30 pm IST
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Nexstar Media Group, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.90 per share of its Class A common stock. The dividend is payable on May 27, 2022, to shareholders of record on May 13, 2022.
Nexstar Media Group, Inc. is a diversified media company with television broadcasting, television network and digital media assets operating in the United States. The Company produces and distributes engaging local and national news, sports and entertainment content across its television and digital platforms. The Companyâs segments include Broadcast and The CW Network, LLC (The CW). The Broadcast segment includes television stations and related local websites that Company owns, operates, programs or provides sales and other services to in various markets across the United States, NewsNation, a national cable news network, two owned and operated digital multicast networks and other multicast network services, and WGN-AM, a Chicago radio station. The CW segment is a broadcast network in the United States. The other activities of the Company include digital businesses focused on the national marketplace and the management of certain real estate assets.