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

Consider SINCLAIR INC (NASDAQ:SBGI) as a top pick for dividend investors, identified by our stock screening tool. NASDAQ:SBGI shines in terms of profitability, solvency, and liquidity, all while paying a decent dividend. Let's dive deeper into the analysis.

How We Gauge Dividend 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 9.38%, SBGI is a good candidate for dividend investing.
• SBGI's Dividend Yield is rather good when compared to the industry average which is at 4.21. SBGI pays more dividend than 98.97% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.80, 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.

Health Examination for NASDAQ:SBGI

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:

• With a decent Debt to FCF ratio value of 6.20, SBGI is doing good in the industry, outperforming 70.10% of the companies in the same industry.
• 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 Current ratio of 2.39. This is amongst the best in the industry. SBGI outperforms 82.47% 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 better Quick ratio (2.39) than 83.51% of its industry peers.

Profitability Assessment of 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:

• With a decent Return On Assets value of 3.88%, SBGI is doing good in the industry, outperforming 72.16% of the companies in the same industry.
• 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 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.
• SBGI has a better Profit Margin (7.32%) than 67.01% 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 79.38% of the companies in the same industry.
• The Gross Margin of SBGI (53.65%) is better than 68.04% of its industry peers.

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

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

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.