secwatch.observer — SEC 8-K summary
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Issuer:     NEXSTAR MEDIA GROUP, INC. (NXST)
CIK:        0001142417
Form:       8-K
Filed at:   2024-01-26T23:59:59+00:00
Accession:  0000950170-24-007746
Event type: dividend
Sentiment:  positive
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nexstar Media raises quarterly dividend 25% to $1.69/share; 11th consecutive annual increase
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- New quarterly dividend of $1.69/share, up from $1.35, representing a 3.8% annualized yield.
- Dividend payable on February 23, 2024 to shareholders of record as of February 9, 2024.
- This marks the 11th consecutive annual cash dividend increase since the company began paying dividends.
- CEO cites strong free cash flow and confidence in business model and growth opportunities.
- Subsequent dividends remain subject to quarterly Board review and declaration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1142417/000095017024007746/0000950170-24-007746-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1142417/000095017024007746/nxst-20240125.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-007746

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