Why NASDAQ:SBGI qualifies as a good dividend investing stock.

SINCLAIR INC (NASDAQ:SBGI) was identified as a stock worth exploring by dividend investors by our stock screener. NASDAQ:SBGI scores well on profitability, solvency and liquidity. At the same time it seems to pay a decent dividend. We'll explore this a bit deeper below.

Dividend Analysis for NASDAQ:SBGI

ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. NASDAQ:SBGI has been awarded a 8 for its dividend quality:

• With a Yearly Dividend Yield of 8.45%, SBGI is a good candidate for dividend investing.
• SBGI's Dividend Yield is rather good when compared to the industry average which is at 4.46. SBGI pays more dividend than 97.94% of the companies in the same industry.
• SBGI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.64.
• On average, the dividend of SBGI grows each year by 7.73%, which is quite nice.
• SBGI has been paying a dividend for at least 10 years, so it has a reliable track record.
• SBGI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
• 30.40% of the earnings are spent on dividend by SBGI. This is a low number and sustainable payout ratio.

Evaluating Health: NASDAQ:SBGI

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NASDAQ:SBGI was assigned a score of 5 for health:

• SBGI's Debt to FCF ratio of 6.20 is fine compared to the rest of the industry. SBGI outperforms 71.13% 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 83.51% 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 83.51% of the companies in the same industry.

Profitability Insights: 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 Return On Assets of 3.88%. This is in the better half of the industry: SBGI outperforms 72.16% of its industry peers.
• Looking at the Return On Equity, with a value of 28.09%, SBGI belongs to the top of the industry, outperforming 92.78% of the companies in the same industry.
• SBGI has a Return On Invested Capital of 6.18%. This is in the better half of the industry: SBGI outperforms 72.16% of its industry peers.
• The last Return On Invested Capital (6.18%) for SBGI is above the 3 year average (5.12%), which is a sign of increasing profitability.
• Looking at the Profit Margin, with a value of 7.32%, SBGI is in the better half of the industry, outperforming 68.04% of the companies in the same industry.
• In the last couple of years the Profit Margin of SBGI has grown nicely.
• SBGI has a better Operating Margin (14.12%) than 79.38% of its industry peers.
• With a decent Gross Margin value of 53.65%, SBGI is doing good in the industry, outperforming 69.07% of the companies in the same industry.

More Best Dividend stocks can be found in our Best Dividend screener.

Our latest full fundamental report of SBGI contains the most current fundamental analsysis.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.