Sinclair Inc (SBGI) is the owner-operator of the second largest portfolio of television stations in the United States, with 185 full power stations in 86 markets.

Of the firm's roughly 600 channels, 150 are affiliated with the four national broadcasters—Fox, ABC, CBS, and NBC—with over 80 other channels aligned with The CW (Nexstar) and MyNetworkTV (Fox).

Sinclair owns the Tennis Channel and stakes in Marquee Sports Network and YES Network, providing their content to pay-TV distributors.

Sinclair, Inc. was founded in 1971 and is headquartered in Hunt Valley, Maryland

Three key data points gauge Sinclair or any dividend paying firm. The key three are:

(1) Price

(2) Dividends

(3) Returns

Those three keys also best tell whether any company has made, is making, and will make money.

SBGI Price

Sinclair’s share price rose about 12.7% in the past year from $13.11 to $14.78 as of Thursday’s market close.

In the past 3 years the company’s share price has ranged from $9.73 to $30.00 (Its all-time high of $66.57 was reached May 10, 2019.)

If the company repeats its one year average annual performance, its price might grow by $2.80 next year to $17.58.

SBGI Dividend

Sinclair Inc has paid variable quarterly dividends since July 15, 2004.

The company’s most recent Q dividend of $0.25 was declared November 6th for shareholders of record prior to December 2nd and the payout was made December 16th.

A forward looking annual dividend of $1.00 yields 6.77% per Thursday’s closing price.

SBGI Returns

 Putting it all together, a $3.80 estimated gross gain per share shows up by adding SBGI’s annual $1.00 dividend to the estimated $2.80 annual price gain, totaling that $3.80 gross amount.

A little over $1000 buys 68 shares at Thursday’s $14.78 share price.

A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.15 per share out of the $3.80 gross-gain to give us a net gain of $3.65 X 68 shares = $248.20 for about a 25% estimated net gain on the year.

Furthermore, the $67.70 annual dividend income from $1k invested in Sinclair Inc is over 4.5 times greater than the single-share price. By these numbers, Sinclair Inc may be an ideal dividend dog.

Therefore, you may choose to pounce on Sinclair Inc as a 54 year-old quarterly dividend-paying media company with a 21 year dividend record.

The exact track of Sinclair Inc future price and dividend will entirely be determined by market action and company finances.     

Remember, the best way to track stock performance and dividend payments is through direct ownership of company shares.

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