Sinclair Broadcast Group, Inc. (SBGI) Ex-Dividend Date Scheduled for November 28, 2012

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Sinclair Broadcast Group, Inc. ( SBGI ) has announced an ex-dividend date of November 28, 2012 and a cash dividend payment of $1.15 per share scheduled for December 14, 2012. Shareholders who purchased SBGI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 666.67% increase over the prior quarter. At the current stock price of $11.66, the dividend yield is 39.45%.

The previous trading day's last sale of SBGI was $11.66, representing a -12.99% decrease from the 52 week high of $13.40 and a 49.1% increase over the 52 week low of $7.82.

SBGI is a part of the Consumer Services sector, which includes companies such as CBS Corporation ( CBS ) and Sirius XM Radio Inc. ( SIRI ). SBGI's current earnings per share, an indicator of a company's profitability, is $1.33. Zacks Investment Research reports SBGI's forecasted earnings growth in 2012 as 72.37%, compared to an industry average of 8%.

For more information on the declaration, record and payment dates, visit the SBGI Dividend History page.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , Stocks

Referenced Stocks: CBS , SBGI , SIRI

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