Nexstar Declares Quarterly Cash Dividend

Nexstar Media Group announced today that its board of directors declared a quarterly cash dividend of $0.56 per share of its Class A common stock. The dividend is payable on Friday, Aug. 21, to shareholders of record on Friday, Aug. 7. Nexstar said that while it 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.

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