Sinclair Broadcast Group Inc. (SBGI) Tops Q1 EPS by 1c, Declares $0.12 Dividend

Sinclair Broadcast Group Inc. (NASDAQ: SBGI) reported Q1 EPS of $0.19, $0.01 better than the analyst estimate of $0.18. Revenue for the quarter came in at $179.49 million versus the consensus estimate of $180.73 million.

The company declared a quarterly cash dividend in the amount of $0.12 per share payable June 15, 2011. The yield is 4.4%.

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