Sinclair Broadcast Group (SBGI) Declares $0.18 Quarterly Dividend; 2.6% Yield

Sinclair Reports Second Quarter 2016 Financial Results

BALTIMORE, Aug. 3, 2016 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI), the "Company" or "Sinclair," today reported financial results for the three and six months ended June 30, 2016. 

"As the leading television broadcaster, we continue to deliver financially and operationally," commented David Smith, President and CEO of Sinclair.  "Not only did we exceed our expectations for our key financial metrics during the second quarter, but we also have made significant progress in expanding distribution and content.  Specifically, we launched Circa, the innovative news and entertainment website aimed at the new... More

Sinclair Declares $0.18 Per Share Quarterly Cash Dividend

BALTIMORE, Aug. 3, 2016 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.18 per share on the Company's Class A and Class B common stock.  The dividend is payable... More

Sinclair Joins White House Effort On Drone Innovation, Leads Broadcast Industry In Using Drones For Newsgathering

WASHINGTON, Aug. 2, 2016 /PRNewswire/ -- Sinclair Broadcast Group, Inc. (NASDAQ: SBGI) today joined leaders in government and industry to examine the commercial applications for unmanned aircraft systems.  Sinclair was the only broadcaster to be invited to the White House workshop, "Drones and the Future of Aviation."

At the event, Sinclair committed to support drone safety through the "Know Before You Fly" campaign by broadcasting public service announcements on its stations nationwide.  The "Know Before You Fly" campaign was created by the Association for Unmanned Vehicle Systems International (AUVSI) and the... More