Sinclair Broadcast Group (SBGI) Declares $0.165 Quarterly Dividend; 2.2% Yield

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Sinclair Reports First Quarter 2015 Financial Results

May 6, 2015 7:30 AM EDT

BALTIMORE, May 6, 2015 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three months ended March 31, 2015. 

"Our first quarter results slightly exceeded the high end of our revenue guidance due to both favorable core advertising and retransmission revenues," commented David Smith, President and CEO of Sinclair. "In addition, we had favorable variances in a number of our expense categories.  Recently, we announced several initiatives expected to add longer-term value and growth opportunities, including the launch of our Digital Ventures group,... More

Sinclair Declares $0.165 Per Share Quarterly Cash Dividend

May 6, 2015 7:30 AM EDT

BALTIMORE, May 6, 2015 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.165 per share on the Company's Class A and Class B common stock. The dividend is... More