Nexstar declares $1.86 quarterly dividend, maintains rate amid pending TEGNA acquisition

NEXSTAR MEDIA GROUP, INC.

Quarterly cash dividend of $1.86 per share declared by Board.
Dividend payable Feb 27, 2026 to holders of record Feb 13, 2026.
Board elected to maintain current rate; excess cash to finance TEGNA acquisition or repay debt.
Annualized yield of 3.59%, ranking in 78th percentile of S&P 400 dividend payers.
Future dividends reviewed quarterly at Board's discretion.

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