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Founded in 1971 and is headquartered in Hunt Valley, Maryland, Sinclair Inc. (SBGI) is the owner-operator of the second-largest portfolio of television stations in the United States. They own 185 stations in 86 markets, covering 40% of US households.

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

Three key data points gauge Sinclair or any dividend-paying entity, namely:

(1) Price

(2) Dividends

(3) Returns

Those keys also show if any company has made, is making, and will make money.

SBGI Price

Sinclair’s share price increased over 8.7% in the past year from $12.47 to $13.56 as of Tuesday’s closing price.

SBGI Dividends

Sinclair has paid quarterly dividends since July 2004. The current forward-looking annual dividend of $1.00 yields 7.37% per Tuesday’s $13.56  closing price.

SBGI Returns

Putting it all together, a $4.44 estimated gross gain per share shows up when adding Sinclair’s annual $1.00 dividend to an estimated $3.44  annual price gain estimated by 7 analysts, totaling that $4.44 gross gain.

A little over $1000 invested at the recent $13.56 price would buy 74 shares, which multiply the $3.44 gross gain total to $328.56.

Furthermore, about 22.5% of that $329 gain comes from the $73.70 in dividends generated from your $1,000 investment, and the $73.70 amounts to almost 5.5 times more than the recent $13.56 single-share price.

(A dividend dogcatcher rule is to only buy a stock that pays an annual dividend from $1000 invested that is greater than the cost of a single share.)

Therefore, you may choose to pounce on Sinclair Inc. and its 7.37% dividend yield along with its 21-year dividend record.

The exact track of SBGI's future prices and dividends 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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