Exploring NASDAQ:SBGI's dividend characteristics.

Unearth the potential of SINCLAIR INC (NASDAQ:SBGI) as a dividend stock recommended by our stock screening tool. NASDAQ:SBGI maintains a robust financial footing and delivers a sustainable dividend. We'll delve into the details below.

Exploring NASDAQ:SBGI's Dividend

ChartMill assigns a proprietary Dividend Rating to each stock. The score is computed by evaluating various valuation aspects, like the yield, the history, the dividend growth and sustainability. NASDAQ:SBGI was assigned a score of 8 for dividend:

• SBGI has a Yearly Dividend Yield of 7.34%, which is a nice return.
• SBGI's Dividend Yield is rather good when compared to the industry average which is at 3.84. SBGI pays more dividend than 92.71% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.35, SBGI pays a better dividend.
• The dividend of SBGI is nicely growing with an annual growth rate of 7.73%!
• SBGI has been paying a dividend for at least 10 years, so it has a reliable track record.
• As SBGI did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
• SBGI pays out 30.40% of its income as dividend. This is a sustainable payout ratio.

Health Assessment of NASDAQ:SBGI

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NASDAQ:SBGI scores a 5 out of 10:

• SBGI has a better Debt to FCF ratio (6.20) than 70.83% of its industry peers.
• A Current Ratio of 2.39 indicates that SBGI has no problem at all paying its short term obligations.
• The Current ratio of SBGI (2.39) is better than 83.33% of its industry peers.
• SBGI has a Quick Ratio of 2.39. This indicates that SBGI is financially healthy and has no problem in meeting its short term obligations.
• Looking at the Quick ratio, with a value of 2.39, SBGI belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.

Evaluating Profitability: NASDAQ:SBGI

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NASDAQ:SBGI has achieved a 6:

• SBGI has a better Return On Assets (3.88%) than 71.88% of its industry peers.
• SBGI has a better Return On Equity (28.09%) than 92.71% of its industry peers.
• With a decent Return On Invested Capital value of 6.18%, SBGI is doing good in the industry, outperforming 71.88% of the companies in the same industry.
• The 3 year average ROIC (5.12%) for SBGI is below the current ROIC(6.18%), indicating increased profibility in the last year.
• SBGI has a Profit Margin of 7.32%. This is in the better half of the industry: SBGI outperforms 67.71% of its industry peers.
• In the last couple of years the Profit Margin of SBGI has grown nicely.
• With a decent Operating Margin value of 14.12%, SBGI is doing good in the industry, outperforming 79.17% of the companies in the same industry.
• With a decent Gross Margin value of 53.65%, SBGI is doing good in the industry, outperforming 68.75% of the companies in the same industry.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

Check the latest full fundamental report of SBGI for a complete fundamental analysis.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.