Sinclair Declares $0.20 Per Share Quarterly Cash Dividend

Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the Company's Class A and Class B common stock. The dividend is payable on June 15, 2021, to the holders of record at the close of business on June 1, 2021.

Sinclair is a diversified media company and leading provider of local sports and news. The Company owns and/or operates 21 regional sports network brands; owns, operates and/or provides services to 186 television stations in 87 markets; is a leading local news provider in the country; owns multiple national networks; and has TV stations affiliated with all the major broadcast networks. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and digital platforms. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.

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FAQ

What is the dividend amount declared by Sinclair Broadcast Group?

Sinclair Broadcast Group has declared a dividend of $0.20 per share.

When is the dividend payable to shareholders?

The dividend is payable on June 15, 2021.

What is the record date for the dividend?

The record date for the dividend is June 1, 2021.

How does Sinclair Broadcast Group generate revenue?

Sinclair Broadcast Group generates revenue through its ownership of TV stations, regional sports networks, and various media platforms.