Sinclair Declares $0.20 Per Share Quarterly Cash Dividend

Rhea-AI Summary

Sinclair Broadcast Group (Nasdaq: SBGI) has declared a quarterly cash dividend of $0.20 per share for its Class A and Class B common stock. This dividend is set to be paid on March 24, 2021, to shareholders on record as of March 10, 2021. Sinclair continues to be a significant player in the media landscape, operating 21 regional sports network brands and 186 television stations across 87 markets, delivering content through various platforms including digital.

Positive

• Quarterly cash dividend of $0.20 per share declared.
• Dividend payment date set for March 24, 2021.
• Strong presence with 21 regional sports networks and 186 TV stations.
• Leading local news provider in the U.S.

Negative

• None.

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 March 24, 2021, to the holders of record at the close of business on March 10, 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210224005341/en/

FAQ

What is the dividend amount declared by Sinclair Broadcast Group?

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

When is the dividend payable for SBGI?

The dividend is payable on March 24, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is March 10, 2021.

How many television stations does Sinclair Broadcast Group operate?

Sinclair Broadcast Group operates 186 television stations across 87 markets.

What types of content does Sinclair Broadcast Group provide?

Sinclair provides local sports and news content through various platforms, including digital.