Sinclair Broadcast Group, Inc. - (SBGI) Dividends

Sinclair Broadcast Group, Inc. - (SBGI)

Today's Latest Price: $18.26 USD

0.57 (-3.03%)

Updated Oct 26 9:33am

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 9 in Entertainment - Broadcasters

See all "A" rated Strong Buy stocks

Dividend Yield and Dividend History Highlights

  • As for its free cash flow/dividend ratio, SBGI's comes in at -11.73 -- better than merely 8.56% of other US-listed dividend issuers.
  • To help you reduce price risk in your dividend portfolio, here are the dividend stocks that are least correlated with SBGI's price: EBAY, RAND, MRTN, DEA and UI.
SBGI Ex-Dividend Date
SBGI Dividend Yield
4.25%
SBGI Annual Dividend
$0.80
SBGI Payout Ratio

SBGI Price Forecast Based on Dividend Discount Model

Current PriceDDM Fair Value Target: Forecasted Gain:
$18.26$16.26 -15.4%

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. Regarding Sinclair Broadcast Group Inc, the DDM model, as implemented by StockNews, implies a negative return of 15.4% relative to its current price. Digging deeper, the aspects of Sinclair Broadcast Group Inc's dividend discount model that we found most interesting were:

  • In comparison to other stocks in the Consumer Cyclical sector, SBGI provides shareholders with a dividend yield greater than 86.81% such stocks.
  • In comparison to other US listed dividend yielding stocks in the Consumer Cyclical sector, Sinclair Broadcast Group Inc's expected return of -15.4% is higher than 72.22% of its fellow sector mates.
  • Compared to all dividend issuing stocks in our set, Sinclair Broadcast Group Inc bears a discount rate, according to our calculations, lower than 72.22% of them (lower discount rates are generally perceived as positive, and a sign of lower risk).
  • Based on dividend growth rate, Sinclair Broadcast Group Inc has been increasing its dividends at a faster rate than only 22.61% 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 11 vs. its peers in the Entertainment - Broadcasters category.
Rank Symbol Name Dividend Yield
1 EVC Entravision Communications Corporation 6.45%
2 SBGI Sinclair Broadcast Group, Inc. - 4.28%
3 NXST Nexstar Media Group, Inc. - 2.49%
4 TGNA TEGNA Inc 2.44%
5 TRCO Tribune Media Company 2.14%
6 CBS CBS Corporation Class B 1.77%
7 SSP E.W. Scripps Company (The) - 1.70%
8 GTN Gray Television, Inc. 0.00%
9 TV Grupo Televisa S.A. 0.00%
10 LIZI Lizhi Inc. ADR 0.00%
11 CETV Central European Media Enterprises Ltd. - 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


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