Sinclair Broadcast Group Stock To Go Ex-dividend Tomorrow (SBGI)
NEW YORK (
) -- The ex-dividend date for
(Nasdaq:
) is tomorrow, February 28, 2012. Owners of shares as of market close today will be eligible for a dividend of 12 cents per share. At a price of $12 as of 9:30 a.m. ET, the dividend yield is 4%.
The average volume for Sinclair Broadcast Group has been 450,000 shares per day over the past 30 days. Sinclair Broadcast Group has a market cap of $672.1 million and is part of the
sector and
industry. Shares are up 5.7% year to date as of the close of trading on Friday.
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Sinclair Broadcast Group, Inc., a television broadcasting company, owns or provides certain programming, operating, or sales services to television stations in the United States. The company has a P/E ratio of 12.7, above the average media industry P/E ratio of 12.2 and below the S&P 500 P/E ratio of 17.7.
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TheStreet Ratings rates Sinclair Broadcast Group as a
. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, weak operating cash flow and a generally disappointing performance in the stock itself. You can view the full
Sinclair Broadcast Group Ratings Report
.
See our
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.
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