Nexstar Media Group's board has raised the media company's quarterly dividend by 10%, to $1.86 from $1.69. The new payout, equal to $7.44 a year, represents an annual yield of about 4.73%, based on Tuesday's closing price of $157.23, up from 4.3%.

Nexstar Media Group announced today that its board of directors approved a 10% increase to its quarterly cash dividend to $1.86 per share beginning with the dividend declared for the … The post Nexstar Media Group Raises Quarterly Cash Dividend By 10% To $1.