Why the dividend investor may take a look at NASDAQ:SBGI.

Last update: Oct 2, 2023

Take a closer look at SINCLAIR INC (NASDAQ:SBGI), a stock of interest to dividend investors uncovered by our stock screener. NASDAQ:SBGI excels in fundamentals and provides a decent dividend, all while maintaining a reasonable valuation. Let's break it down further.

Understanding NASDAQ:SBGI's Dividend Score

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 8.88%, SBGI is a good candidate for dividend investing.
SBGI's Dividend Yield is rather good when compared to the industry average which is at 4.53. 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 2.68.
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.
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

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:SBGI has received a 5 out of 10:

With a decent Debt to FCF ratio value of 6.20, SBGI is doing good in the industry, outperforming 71.13% of the companies in the same industry.
A Current Ratio of 2.39 indicates that SBGI has no problem at all paying its short term obligations.
SBGI has a Current ratio of 2.39. This is amongst the best in the industry. SBGI outperforms 83.51% of its industry peers.
A Quick Ratio of 2.39 indicates that SBGI has no problem at all paying its short term obligations.
SBGI has a Quick ratio of 2.39. This is amongst the best in the industry. SBGI outperforms 83.51% of its industry peers.

Understanding NASDAQ:SBGI's 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 has a Return On Assets of 3.88%. This is in the better half of the industry: SBGI outperforms 73.20% of its industry peers.
SBGI's Return On Equity of 28.09% is amongst the best of the industry. SBGI outperforms 92.78% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.18%, SBGI is in the better half of the industry, outperforming 73.20% 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.
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.
SBGI has a Gross Margin of 53.65%. This is in the better half of the industry: SBGI outperforms 69.07% of its industry peers.

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

For an up to date full fundamental analysis you can check the fundamental report of SBGI

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.