Sinclair Broadcast Group's most recent quarterly dividend was on Aug 31, 2023 (ex-date) with a cash dividend payment of $0.25 per share. On an annualized basis, the company has a current payout of $1 per share. This brings the dividend yield to 8.64% based on its recent close price.
SBGI has a dividend yield of 8.64% which is higher than the Communication Services sector, the industry and its peers average. If we compare it with the Communication Services sector average of 3.44%, Sinclair Broadcast Group's dividend yield is 151% higher. The historical 5-year average of SBGI's dividend yield is 3.6%, which is less than the current one.
Sinclair Broadcast Group has a long dividend history, including the last 13 consecutive years with dividend payouts. SBGI has issued four quarterly dividends in the last twelve months. The annualized DPS has increased by 5% for the last year. And since the stock price has gone down by 43% from a year ago, the dividend yield has increased by 84%.
Ex-date | Payment date | Declared on | Amount | Type |
---|---|---|---|---|
Aug 31, 2023 | Sep 15, 2023 | Aug 2, 2023 | $0.25 | normal |
May 26, 2023 | Jun 15, 2023 | May 3, 2023 | $0.25 | normal |
Mar 2, 2023 | Mar 17, 2023 | Feb 22, 2023 | $0.25 | normal |
Nov 30, 2022 | Dec 15, 2022 | Nov 2, 2022 | $0.25 | normal |
Aug 31, 2022 | Sep 15, 2022 | Aug 3, 2022 | $0.25 | normal |
May 31, 2022 | Jun 15, 2022 | May 4, 2022 | $0.25 | normal |
Mar 4, 2022 | Mar 21, 2022 | Feb 23, 2022 | $0.25 | normal |
Nov 30, 2021 | Dec 15, 2021 | Nov 3, 2021 | $0.2 | normal |
Aug 31, 2021 | Sep 15, 2021 | Aug 4, 2021 | $0.2 | normal |
May 28, 2021 | Jun 15, 2021 | May 5, 2021 | $0.2 | normal |
Mar 9, 2021 | Mar 24, 2021 | Feb 24, 2021 | $0.2 | normal |
Nov 30, 2020 | Dec 15, 2020 | Nov 4, 2020 | $0.2 | normal |
Aug 31, 2020 | Sep 15, 2020 | Aug 5, 2020 | $0.2 | normal |
May 29, 2020 | Jun 15, 2020 | May 6, 2020 | $0.2 | normal |
Mar 6, 2020 | Mar 20, 2020 | Feb 26, 2020 | $0.2 | normal |
Nov 27, 2019 | Dec 16, 2019 | Nov 6, 2019 | $0.2 | normal |
Aug 29, 2019 | Sep 16, 2019 | Aug 7, 2019 | $0.2 | normal |
May 30, 2019 | Jun 17, 2019 | May 8, 2019 | $0.2 | normal |
Mar 8, 2019 | Mar 25, 2019 | Feb 27, 2019 | $0.2 | normal |
Nov 29, 2018 | Dec 17, 2018 | Nov 7, 2018 | $0.2 | normal |
Aug 30, 2018 | Sep 17, 2018 | Aug 8, 2018 | $0.18 | normal |
May 31, 2018 | Jun 15, 2018 | May 9, 2018 | $0.18 | normal |
Mar 8, 2018 | Mar 23, 2018 | Feb 28, 2018 | $0.18 | normal |
Nov 30, 2017 | Dec 15, 2017 | $0.18 | normal | |
Aug 30, 2017 | Sep 15, 2017 | $0.18 | normal | |
May 30, 2017 | Jun 15, 2017 | $0.18 | normal | |
Feb 27, 2017 | Mar 15, 2017 | Feb 22, 2017 | $0.18 | normal |
Nov 29, 2016 | Dec 15, 2016 | $0.18 | normal | |
Aug 30, 2016 | Sep 15, 2016 | Aug 3, 2016 | $0.18 | normal |
May 27, 2016 | Jun 15, 2016 | May 4, 2016 | $0.18 | normal |
SBGI has a payout ratio of 39.4% which is higher than the industry and its peers average but lower than the Communication Services sector average. In comparison with the Communication Services sector average of 45.7%, Sinclair Broadcast Group's payout ratio is 14% lower.
Name | Dividend yield | DPS | Payout ratio |
---|---|---|---|
SBGI Sinclair Broadcast Group Inc | 8.64% | $1 | 39.4% |
EVC Entravision Communications Corp | 4.94% | $0.18 | 194.4% |
NXST Nexstar Media Group Inc | 3.54% | $4.95 | 26.6% |
CMCSA Comcast Corp | 2.47% | $1.12 | 71.3% |
FOXA Fox Corp | 1.63% | $0.51 | 21.8% |
SSP EW SCRIPPS Co | N/A | N/A | N/A |
Yes, Sinclair Broadcast Group has paid four dividends in the last 12 months. SBGI has been paying dividends since 2010.
SBGI hasn't announced its next dividend date yet, however if we take into account its recent dividend schedule, it is likely that its next dividend will be in November 2023.
Sinclair Broadcast Group's last regular dividend was on Aug 31, 2023 (ex-date) with the amount of $0.25 per share.
On an annual basis SBGI pays $1 per share.
The current dividend yield of Sinclair Broadcast Group is 8.64%.
Sinclair Broadcast Group has a quarterly dividend frequency.
Sinclair Broadcast Group's dividend payout ratio is 39.4%.
Sinclair Broadcast Group's dividend yield is more than the Communication Services sector average.