Sinclair Broadcast Group (SBGI) Q3 Revenue Tops Views

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Sinclair Broadcasting (SBGI) PT Raised to $38 at RBC Capital

November 8, 2018 7:33 AM EST

RBC Capital analyst Leo Kulp raised the price target on Sinclair Broadcasting (NASDAQ: SBGI) to $38.00 (from $34.00) while maintaining a Outperform rating.

Kulp commented, "SBGI posted strong 3Q results, 4Q guidance, and 2018/19 FCF guidance. Management has redeployed capital to shareholders, repurchasing 5% of the... More

Sinclair Broadcast Group (SBGI) Raises Quarterly Dividend 11.1% to $0.2; 2.6% Yield

November 7, 2018 7:29 AM EST

Sinclair Broadcast Group (NASDAQ: SBGI) declared a quarterly dividend of $0.2 per share, or $0.8 annualized. This is an 11.1% increase from the prior dividend of $0.18.

The dividend will be payable on December 17, 2018, to stockholders of record on November 30, 2018, with an ex-dividend date of November 29,... More