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Sinclair Declares $0.25 Per Share Quarterly Cash Dividend
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Sinclair, Inc. (Nasdaq: SBGI) has declared a quarterly cash dividend of $0.25 per share on its Class A and Class B common stock. The dividend will be payable on December 15, 2023, to shareholders of record as of December 1, 2023. Sinclair is a diversified media company that owns and operates 185 television stations in 86 markets. It also owns Tennis Channel and several multicast networks, and provides services to 21 regional sports network brands. Sinclair's content is delivered through various platforms, including over-the-air, multi-channel video program distributors, and NewsON, the largest streaming aggregator of local news content.
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BALTIMORE--(BUSINESS WIRE)--
Sinclair, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's Class A and Class B common stock. The dividend is payable on December 15, 2023, to the holders of record at the close of business on December 1, 2023.
Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local news and sports. The Company owns, operates and/or provides services to 185 television stations in 86 markets affiliated with all the major broadcast networks; owns Tennis Channel and multicast networks Comet, CHARGE!, TBD and The Nest; and owns and provides services to 21 regional sports network brands. Sinclair’s content is delivered via multiple platforms, including over-the-air, multi-channel video program distributors, and the nation’s largest streaming aggregator of local news content, NewsON. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.
Christopher C. King, VP, Investor Relations
Billie-Jo McIntire, AVP, Investor Relations
(410) 568-1500
Source: Sinclair, Inc.
FAQ
What is the dividend declared by Sinclair, Inc.?
Sinclair, Inc. has declared a quarterly cash dividend of $0.25 per share on its Class A and Class B common stock.
When will the dividend be payable?
The dividend will be payable on December 15, 2023.
Who will receive the dividend?
The dividend will be paid to shareholders of record as of December 1, 2023.
What does Sinclair, Inc. do?
Sinclair, Inc. is a diversified media company that owns and operates 185 television stations in 86 markets. It also owns Tennis Channel and several multicast networks, and provides services to 21 regional sports network brands.
How does Sinclair deliver its content?
Sinclair delivers its content through various platforms, including over-the-air, multi-channel video program distributors, and NewsON, the largest streaming aggregator of local news content.
