Sinclair Broadcast Group (SBGI) Declares $0.165 Quarterly Dividend; 2.3% Yield

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Sinclair Declares $0.165 Per Share Quarterly Cash Dividend

August 5, 2015 7:30 AM EDT

BALTIMORE, Aug. 5, 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 payable... More

Sinclair Reports Second Quarter 2015 Financial Results

August 5, 2015 7:30 AM EDT

BALTIMORE, Aug. 5, 2015 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and six months ended June 30, 2015. 

"For second quarter, we exceeded our guidance in all key financial metrics, due in part to higher retransmission consent fees and favorable cost outlays," commented David Smith, President and CEO of Sinclair. "We continue to make significant progress with regard to content initiatives and distribution rights, particularly in the areas of sports and first-run programming.  We completed our renewals with the CBS and CW... More