Uncovering Dividend Opportunities with NASDAQ:SBGI.

Our stock screener has spotted SINCLAIR INC (NASDAQ:SBGI) as a good dividend stock with solid fundamentals. NASDAQ:SBGI shows decent health and profitability. At the same time it gives a good and sustainable dividend. We'll dive into each aspect below.

How do we evaluate the Dividend for NASDAQ:SBGI?

ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NASDAQ:SBGI has been assigned a 8 for dividend:

• 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 4.45. SBGI pays more dividend than 97.94% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.64, SBGI pays a better dividend.
• On average, the dividend of SBGI grows each year by 7.73%, which is quite nice.
• SBGI has paid a dividend for at least 10 years, which is 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.

Understanding NASDAQ:SBGI's Health Score

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NASDAQ:SBGI, the assigned 5 reflects its health status:

• SBGI has a better Debt to FCF ratio (6.20) than 71.13% of its industry peers.
• SBGI has a Current Ratio of 2.39. This indicates that SBGI is financially healthy and has no problem in meeting its short term obligations.
• SBGI has a better Current ratio (2.39) 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.
• SBGI has a better Quick ratio (2.39) than 83.51% of its industry peers.

Looking at the Profitability

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NASDAQ:SBGI, the assigned 6 is noteworthy for profitability:

• SBGI's Return On Assets of 3.88% is fine compared to the rest 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.
• With a decent Return On Invested Capital value of 6.18%, SBGI is doing good in the industry, outperforming 72.16% of the companies in the same industry.
• 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.
• The Profit Margin of SBGI (7.32%) is better than 68.04% of its industry peers.
• SBGI's Profit Margin has improved in the last couple of years.
• The Operating Margin of SBGI (14.12%) is better than 79.38% of its industry peers.
• Looking at the Gross Margin, with a value of 53.65%, SBGI is in the better half of the industry, outperforming 69.07% of the companies in the same industry.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

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

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.