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

Last update: Oct 5, 2023

Our stock screening tool has identified SINCLAIR INC (NASDAQ:SBGI) as a strong dividend contender with robust fundamentals. NASDAQ:SBGI exhibits commendable financial health and profitability, all while offering a sustainable dividend. Let's delve into each aspect below.

Understanding NASDAQ:SBGI's Dividend

An integral part of ChartMill's stock analysis is the Dividend Rating, which spans from 0 to 10. This rating evaluates diverse dividend factors, including yield, historical data, growth, and sustainability. NASDAQ:SBGI has received a 8 out of 10:

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.
Compared to an average S&P500 Dividend Yield of 2.68, 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.
30.40% of the earnings are spent on dividend by SBGI. This is a low number and sustainable payout ratio.

Understanding NASDAQ:SBGI's Health Score

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:

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.
With an excellent Current ratio value of 2.39, SBGI belongs to the best of the industry, outperforming 83.51% of the companies in the same industry.
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 Analysis for NASDAQ:SBGI

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NASDAQ:SBGI scores a 6 out of 10:

Looking at the Return On Assets, with a value of 3.88%, SBGI is in the better half of the industry, outperforming 73.20% of the companies in the same industry.
SBGI has a Return On Equity of 28.09%. This is amongst the best in the industry. SBGI outperforms 92.78% of its industry peers.
The Return On Invested Capital of SBGI (6.18%) is better than 73.20% of its industry peers.
The 3 year average ROIC (5.12%) for SBGI is below the current ROIC(6.18%), indicating increased profibility in the last year.
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.
SBGI's Gross Margin of 53.65% is fine compared to the rest of the industry. SBGI outperforms 69.07% of its industry peers.

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.

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.