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|SBGI Makes Bullish Cross Above Critical Moving Average
Tuesday, July 12, 11:42 AM ET, by Market News Video Staff
In trading on Tuesday, shares of Sinclair Broadcast Group, Inc. (SBGI) crossed above their 200 ...
Short Interest In Sinclair Broadcast Group Decreases By 10.4%
Wednesday, July 13, 2:18 PM ET, by Market News Video Staff
The most recent short interest data has been released for the 06/30/2016 settlement date, which ...
Implied PBS Analyst Target Price: $30
Friday, July 15, 7:52 AM ET, by Market News Video Staff
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...
Noteworthy Monday Option Activity: PBI, XON, SBGI
Monday, July 18, 11:28 AM ET, by Market News Video Staff
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy ...
Sinclair Broadcast Group is Oversold
Tuesday, August 2, 11:36 AM ET, by Market News Video Staff
The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
SBGI Dividend Yield Pushes Above 5%
By Dividend Channel Staff, Wednesday, August 3, 3:30 PM ET
In trading on Wednesday, shares of Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) were yielding above the 5% mark based on its quarterly dividend (annualized to $0.48), with the stock changing hands as low as $9.06 on the day. Dividends are particularly important for investors to consider, because historically speaking dividends have provided a considerable share of the stock market's total return. To illustrate, suppose for example you purchased shares of the iShares Russell 3000 ETF (IWV) back on 5/31/2000 — you would have paid $78.27 per share. Fast forward to 5/31/2011 and each share was worth $80.78 on that date, a mere $2.51 or 3.2% increase over eleven years. But now consider that you collected a whopping $9.69 per share in dividends over the same period, increasing your return to 20.27%. Even with dividends reinvested, that only amounts to an average annual total return of about 1.7%; so by comparison collecting a yield above 5% would appear considerably attractive if that yield is sustainable. Sinclair Broadcast Group, Inc. (NASDAQ:SBGI) is a member of the Russell 3000, giving it special status as one of the largest 3000 companies on the U.S. stock markets.
In general, dividend amounts are not always predictable and tend to follow the ups and downs of profitability at each company. In the case of Sinclair Broadcast Group, Inc., looking at the history chart for SBGI below can help in judging whether the most recent dividend is likely to continue, and in turn whether it is a reasonable expectation to expect a 5% annual yield.
|SBGI Dividend History|
|* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.|
SBGI operates in the Television & Radio sector, among companies like Belo Corp. (BLC) which is off about 4.3% today, and Central European Media Enterprises Ltd. (NASDAQ:CETV) trading lower by about 0.4%. Below is a three month price history chart comparing the stock performance of SBGI, versus BLC and CETV.
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