Sinclair, Inc. (NASDAQ:SBGI – Get Free Report) declared a quarterly dividend on Wednesday, August 5th. Investors of record on Monday, August 31st will be paid a dividend of 0.25 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 7.2%. The ex-dividend date of this dividend is Monday, August 31st.
Sinclair has raised its dividend payment by an average of 0.0%per year over the last three years. Sinclair has a dividend payout ratio of 66.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Sinclair to earn ($1.52) per share next year, which means the company may not be able to cover its $1.00 annual dividend with an expected future payout ratio of -65.8%.
Sinclair Price Performance
Shares of NASDAQ:SBGI opened at $13.91 on Thursday. The firm has a market cap of $1.00 billion, a PE ratio of 15.46 and a beta of 1.06. Sinclair has a 52 week low of $11.89 and a 52 week high of $17.88. The firm’s fifty day moving average is $14.05 and its 200-day moving average is $14.35. The company has a debt-to-equity ratio of 11.10, a quick ratio of 2.42 and a current ratio of 2.42.
Key Stories Impacting Sinclair
Here are the key news stories impacting Sinclair this week:
- Positive Sentiment: Sinclair declared a quarterly cash dividend of $0.25 per share, payable September 15 to shareholders of record August 31. The annualized payout is $1.00 per share, representing an indicated yield of approximately 7.2% based on the provided share price. Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
- Positive Sentiment: Management welcomed the expected FCC repeal of the federal local-TV station ownership cap, which could give Sinclair greater flexibility to acquire or consolidate stations and potentially improve scale. The FCC was expected to vote on the measure Thursday. Sinclair CEO Discusses Expected FCC Ownership Cap Repeal
- Neutral Sentiment: Second-quarter revenue rose 7.1% year over year to $840 million, narrowly exceeding the approximately $839 million analyst consensus. The revenue performance suggests operating demand was stable despite the bottom-line shortfall. Sinclair Reports Second Quarter 2026 Financial Results
- Negative Sentiment: Sinclair reported a second-quarter loss of $1.06 per share, far worse than the expected loss of roughly $0.24 per share and wider than the $0.91 loss a year earlier. The company’s 2.0% net margin and negative return on equity reinforce concerns about profitability. Sinclair Reports Q2 Loss and Tops Revenue Estimates
- Negative Sentiment: Sinclair guided for fiscal-year 2026 revenue of $3.4 billion to $3.5 billion, versus consensus near $3.5 billion, signaling limited upside to current expectations. Sinclair Q2 2026 Earnings Call Transcript
About Sinclair
Sinclair Broadcast Group, Inc (NASDAQ: SBGI) is a media and entertainment company headquartered in Hunt Valley, Maryland. Founded in 1971 as a single UHF television station operator, Sinclair has grown through strategic acquisitions and organic expansion to become one of the largest owners of local television stations in the United States. Over its history, the company has pursued a diversified portfolio that includes both traditional broadcast assets and newer digital platforms.
At its core, Sinclair operates over 190 television stations affiliated with the major national broadcast networks, including ABC, CBS, NBC, Fox, The CW and MyNetworkTV.
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