Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
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SELL (= Flat)
Dividend Yield: 7%
Revenue Growth %: +12.9%
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BALTIMORE--(BUSINESS WIRE)-- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's Class A and Class B common stock. The dividend is payable on March 17, 2023, to the holders of record at the close of business on March 3, 2023.
Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local news and sports. The Company owns, operates and/or provides services to 185 television stations in 86 markets affiliated with all the major broadcast networks; owns Tennis Channel and multicast networks Comet, CHARGE! and TBD; and owns and provides services to 21 regional sports network brands. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and the nation’s largest streaming aggregator of local news content, NewsON. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.
Category: Financial
View source version on businesswire.com: https://www.businesswire.com/news/home/20230222005330/en/
Steve Zenker, Senior Vice President, Investor Relations
Billie-Jo McIntire, AVP, Investor Relations
(410) 568-1500
Source: Sinclair Broadcast Group, Inc.
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