Sinclair Declares $0.25 Per Share Quarterly Cash Dividend

Rhea-AI Summary

Sinclair, Inc. (Nasdaq: SBGI) declared a $0.25 per share quarterly cash dividend for its Class A and Class B common stock. The dividend will be paid on June 17, 2024, to shareholders on record as of June 3, 2024. Sinclair is a media company with 185 TV stations, Tennis Channel, multicast networks, regional sports brands, and NewsON platform.

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 June 17, 2024, to the holders of record at the close of business on June 3, 2024.

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.

Category: Financial

View source version on businesswire.com: https://www.businesswire.com/news/home/20240508620178/en/

Christopher C. King, VP, Investor Relations

Billie-Jo McIntire, AVP, Investor Relations

(410) 568-1500

Source: Sinclair, Inc.

FAQ

When is Sinclair's quarterly cash dividend payable?

Sinclair's quarterly cash dividend of $0.25 per share is payable on June 17, 2024.

What is the record date for Sinclair's dividend?

The record date for Sinclair's dividend is June 3, 2024.

How many TV stations does Sinclair own or operate?

Sinclair owns, operates, or provides services to 185 television stations in 86 markets.

What are some of Sinclair's media assets?

Sinclair owns Tennis Channel, multicast networks Comet, CHARGE!, TBD, and The Nest, along with providing services to 21 regional sports network brands.

What platforms does Sinclair deliver content through?

Sinclair delivers content via over-the-air, multi-channel video program distributors, and the NewsON streaming aggregator.

Where can I access Sinclair's Company information?

You can access Sinclair's Company information on their website at www.sbgi.net.