Sinclair Broadcast Group, Inc. - (SBGI) Dividends
Dividend Yield and Dividend History Highlights
- SBGI has an EBITDA to net debt ratio of -0.1; for context, that's better than 4.32% stocks in our set.
- Free cash flow for SBGI has increased for the 5th straight quarter.
- To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with SBGI's price: PEG, CPAC, PEP, DLTH and NI.
SBGI Price Forecast Based on Dividend Discount Model
| Current Price | DDM Fair Value Target: | Forecasted Gain: |
| $21.38 | $23.22 | -14.91% |
A technique commonly used by dividend investors to value dividend-issuing stocks is the Dividend Discount Model (DDM), which seeks to determine a fair share price based on the dividend provided by the company relative to a number of other company-specific factors. In the case of SBGI, the dividend discount model StockNews created for the company implies a negative return of 14.91%. To help understand and contextualize the model's evaluation of SBGI, investors may wish to consider are:
- The amount of revenue Sinclair Broadcast Group Inc earns annually is around 6 billion; in terms of how this translates into revenue, it has a dividend yield higher than 83.88% of companies in the mid revenue class.
- Based on dividend growth rate, Sinclair Broadcast Group Inc has been increasing its dividends at a faster rate than merely 15.68% of US-listed dividend-issuing stocks we observed.
SBGI Dividend Chart
SBGI Dividend History
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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SBGI Dividends vs. Peers
SBGI's dividend yield currently ranks #2 of 20 vs. its peers in the Entertainment - Broadcasters category.
| Rank | Symbol | Name | Dividend Yield |
|---|---|---|---|
| 1 | ITVPY | ITV plc | 6.24% |
| 2 | SBGI | Sinclair Broadcast Group, Inc. - | 4.58% |
| 3 | GTN | Gray Television, Inc. | 2.28% |
| 4 | TRCO | Tribune Media Company | 2.14% |
| 5 | TGNA | TEGNA Inc | 1.87% |
| 6 | CBS | CBS Corporation Class B | 1.77% |
| 7 | NXST | Nexstar Media Group, Inc. - | 1.69% |
| 8 | EVC | Entravision Communications Corporation | 1.44% |
| 9 | FOXA | Fox Corp. CI A | 1.43% |
| 10 | TV | Grupo Televisa S.A. | 1.25% |
| 11 | AUD | Audacy Inc. | 0.00% |
| 12 | EMMS | Emmis Communications Corporation - | 0.00% |
| 13 | IHRT | iHeartMedia, Inc. | 0.00% |
| 14 | UONE | Urban One Inc. Cl A | 0.00% |
| 15 | SSP | E.W. Scripps Company (The) - | 0.00% |
| 16 | LIZI | Lizhi Inc. ADR | 0.00% |
| 17 | CETV | Central European Media Enterprises Ltd. - | 0.00% |
| 18 | SJ | Scienjoy Holding Corporation | 0.00% |
| 19 | GSMG | Glory Star New Media Group Holdings Limited | 0.00% |
| 20 | ETM | Entercom Communications Corp. Cl A | 0.00% |
Looking for More Information on SBGI dividends?
Here are a few links from around the web to help you further your research on Sinclair Broadcast Group Inc and its dividends:Sinclair Broadcast Group Inc Common Stock (SBGI) Dividend History | Nasdaq
Dividend History for Sinclair Broadcast Group Inc (SBGI) - Dividend Investor
Sinclair Broadcast Group Inc (SBGI) Dividend History - Seeking Alpha