Sinclair Broadcast Group, Inc. operates as a media company in the United States. The company operates in two segments, Broadcast and Local Sports. The Broadcast segment broadcasts free over-the-air programming, such as network provided programs, locally-produced news, local sporting events, programming from program service arrangements, syndicated entertainment programs, and programming to television viewing audiences in the communities through its local television stations. As of December 31, 2021, the segment owned, operated, and provided services to 185 stations and 634 channels in 86 markets. The Local Sports segment operates regional sports networks. This segment broadcasts professional sports games and produce content. In addition, this segment owns regional sports network, which has the rights to air games of 45 professional sports teams and other sporting events. The company also owns and operates Tennis Channel, a cable network, which includes coverage of various tennis' top tournaments and original professional sports and tennis lifestyle shows; the Tennis Channel International streaming service; Tennis Magazine, the sport's print publication; and Tennis.com, an online tennis platform. Further, it owns and operates various networks carried on distribution platforms, including Comet, a science fiction network; CHARGE!, an adventure and action-based network; TBD, a multiscreen TV network; Stadium, a professional sports highlights and college games network; STIRR, an ad-supported DTC streaming app; and NewsON, an ad-supported app that provides access to live or on-demand local news broadcasts, including non-Sinclair affiliate partners. Additionally, the company provides technical services to the broadcast industry; and owns various non-media related investments, such as private equity, mezzanine financing, and real estate investments. Sinclair Broadcast Group, Inc. was founded in 1986 and is headquartered in Hunt Valley, Maryland.
Sinclair Broadcast Dividend Announcement
• Sinclair Broadcast announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-12-02
• Sinclair Broadcast annual dividend for 2024 was $1.00
• Sinclair Broadcast annual dividend for 2023 was $1.00
• Sinclair Broadcast's trailing twelve-month (TTM) dividend yield is 5.54%
• Sinclair Broadcast's payout ratio for the trailing twelve months (TTM) is -39.13%
• Sinclair Broadcast's dividend growth over the last five years (2018-2023) was 6.21% year
• Sinclair Broadcast's dividend growth over the last ten years (2013-2023) was 5.24% year
Sinclair Broadcast Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-12-02 | $0.25 | quarterly | 2024-12-16 |
| 2024-08-30 | $0.25 | quarterly | 2024-09-13 |
| 2024-06-03 | $0.25 | quarterly | 2024-06-17 |
| 2024-03-08 | $0.25 | quarterly | 2024-03-25 |
| 2023-11-30 | $0.25 | quarterly | 2023-12-15 |
| 2023-08-31 | $0.25 | quarterly | 2023-09-15 |
| 2023-05-26 | $0.25 | quarterly | 2023-06-15 |
| 2023-03-02 | $0.25 | quarterly | 2023-03-17 |
| 2022-11-30 | $0.25 | quarterly | 2022-12-15 |
| 2022-08-31 | $0.25 | quarterly | 2022-09-15 |
| 2022-05-31 | $0.25 | quarterly | 2022-06-15 |
| 2022-03-04 | $0.25 | quarterly | 2022-03-21 |
| 2021-11-30 | $0.20 | quarterly | 2021-12-15 |
| 2021-08-31 | $0.20 | quarterly | 2021-09-15 |
| 2021-05-28 | $0.20 | quarterly | 2021-06-15 |
| 2021-03-09 | $0.20 | quarterly | 2021-03-24 |
| 2020-11-30 | $0.20 | quarterly | 2020-12-15 |
| 2020-08-31 | $0.20 | quarterly | 2020-09-15 |
| 2020-05-29 | $0.20 | quarterly | 2020-06-15 |
| 2020-03-06 | $0.20 | quarterly | 2020-03-20 |
| 2019-11-27 | $0.20 | quarterly | 2019-12-16 |
| 2019-08-29 | $0.20 | quarterly | 2019-09-16 |
| 2019-05-30 | $0.20 | quarterly | 2019-06-17 |
| 2019-03-08 | $0.20 | quarterly | 2019-03-25 |
| 2018-11-29 | $0.20 | quarterly | 2018-12-17 |
| 2018-08-30 | $0.18 | quarterly | 2018-09-17 |
| 2018-05-31 | $0.18 | quarterly | 2018-06-15 |
| 2018-03-08 | $0.18 | quarterly | 2018-03-23 |
| 2017-11-30 | $0.18 | quarterly | 2017-12-15 |
| 2017-08-30 | $0.18 | quarterly | 2017-09-15 |
| 2017-05-30 | $0.18 | quarterly | 2017-06-15 |
| 2017-02-27 | $0.18 | quarterly | 2017-03-15 |
| 2016-11-29 | $0.18 | quarterly | 2016-12-15 |
| 2016-08-30 | $0.18 | quarterly | 2016-09-15 |
| 2016-05-27 | $0.18 | quarterly | 2016-06-15 |
| 2016-03-03 | $0.17 | quarterly | 2016-03-18 |
| 2015-11-27 | $0.17 | quarterly | 2015-12-15 |
| 2015-08-28 | $0.17 | quarterly | 2015-09-15 |
| 2015-05-28 | $0.17 | quarterly | 2015-06-12 |
| 2015-02-25 | $0.17 | quarterly | 2015-03-13 |
| 2014-11-26 | $0.17 | quarterly | 2014-12-15 |
| 2014-08-27 | $0.17 | quarterly | 2014-09-15 |
| 2014-05-28 | $0.15 | quarterly | 2014-06-13 |
| 2014-02-26 | $0.15 | quarterly | 2014-03-14 |
| 2013-11-26 | $0.15 | quarterly | 2013-12-13 |
| 2013-08-28 | $0.15 | quarterly | 2013-09-13 |
| 2013-05-29 | $0.15 | quarterly | 2013-06-14 |
| 2013-02-27 | $0.15 | quarterly | 2013-03-15 |
Sinclair Broadcast Dividend per year
Sinclair Broadcast Dividend growth
Sinclair Broadcast Dividend Yield
Sinclair Broadcast current trailing twelve-month (TTM) dividend yield is 5.54%. Interested in purchasing Sinclair Broadcast stock? Use our calculator to estimate your expected dividend yield:
Sinclair Broadcast Financial Ratios
P/E ratio-5.79
PEG ratio0.34
P/B ratio-1.61
ROE-385.12%
Payout ratio-39.13%
Current ratio1.36
Quick ratio1.36
Cash Ratio0.81
Sinclair Broadcast Dividend FAQ
How much is the next Sinclair Broadcast dividend?
Sinclair Broadcast's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sinclair Broadcast dividend. The next Sinclair Broadcast dividend will be released in March, May, August, or November.
When is Sinclair Broadcast dividend paid?
Sinclair Broadcast pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Sinclair Broadcast pay?
The specific amount of Sinclair Broadcast dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sinclair Broadcast's dividend history.
Does Sinclair Broadcast stock pay dividends?
Yes, Sinclair Broadcast does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sinclair Broadcast's dividend history.
How much dividend does Sinclair Broadcast pay?
Sinclair Broadcast paid $1.0 in 2024, $1.0 in 2023, $1.0 in 2022, $0.8 in 2021, and $0.8 in 2020.
How often does Sinclair Broadcast pay dividends?
Sinclair Broadcast typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, August, and November.
What is Sinclair Broadcast's dividend yield?
The current dividend yield for Sinclair Broadcast is 5.54%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Sinclair Broadcast's exact dividend yield.
When does Sinclair Broadcast go ex dividend?
Sinclair Broadcast's ex-dividend date for the latest dividend was on 2024-12-02. Sinclair Broadcast typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Sinclair Broadcast dividend paid?
Sinclair Broadcast pays dividends on a quarterly basis, typically around March, May, August, or November, but the exact dates can vary each year.
Will Sinclair Broadcast increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Sinclair Broadcast will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Sinclair Broadcast dividend per share?
Sinclair Broadcast paid $1.0 per share in 2024 and $1.0 per share in 2023. The amount of dividend per share that Sinclair Broadcast pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Sinclair Broadcast a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Sinclair Broadcast a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Sinclair Broadcast a dividend stock?
Yes, Sinclair Broadcast is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sinclair Broadcast a good dividend stock?
Whether Sinclair Broadcast is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sinclair Broadcast has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Sinclair Broadcast as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Other factors to consider when evaluating Sinclair Broadcast as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Sinclair Broadcast pay dividends monthly?
Sinclair Broadcast typically pays dividends on a quarterly basis.
Does Sinclair Broadcast pay dividends quarterly?
Sinclair Broadcast currently pays dividends on a quarterly basis.
Has Sinclair Broadcast ever paid a dividend?
Yes, Sinclair Broadcast has a history of paying dividends to its shareholders. Sinclair Broadcast is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sinclair Broadcast dividend stocks?
To buy Sinclair Broadcast you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Sinclair Broadcast stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Sinclair Broadcast stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Sinclair Broadcast pay dividends 2024?
Sinclair Broadcast pays dividends on a quarterly basis. 2024 dividend payments are in 2024-12-16. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Sinclair Broadcast increase its dividend in 2024?
Decisions regarding Sinclair Broadcast dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Sinclair Broadcast dividend overview you can look into the above table of dividend history.
How Sinclair Broadcast dividend works?
The Sinclair Broadcast dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Sinclair Broadcast's dividend process works:
1. Determination of Dividend: Sinclair Broadcast's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Sinclair Broadcast publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Sinclair Broadcast distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Sinclair Broadcast are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Determination of Dividend: Sinclair Broadcast's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Sinclair Broadcast publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Sinclair Broadcast distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Sinclair Broadcast are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Sinclair Broadcast dividends paid?
Sinclair Broadcast dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Sinclair Broadcast sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Sinclair Broadcast distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinclair Broadcast declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
1. Record Date: Sinclair Broadcast sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Sinclair Broadcast distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sinclair Broadcast declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Sinclair Broadcast pay dividends?
Sinclair Broadcast typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Sinclair Broadcast pay dividends?
The general pattern is that Sinclair Broadcast pays dividends around March, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sinclair Broadcast dividend safe?
The safety of Sinclair Broadcast's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of Sinclair Broadcast's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Sinclair Broadcast's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.
To assess the safety of Sinclair Broadcast's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Sinclair Broadcast's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.