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Sinclair Broadcast Group, Inc. (SBGI) Ex-Dividend Date Scheduled for May 29, 2013

By: News
Posted: 5/28/2013 9:00:00 AM

Sinclair Broadcast Group, Inc. ( SBGI ) will begin trading ex-dividend on May 29, 2013. A cash dividend payment of $0.15 per share is scheduled to be paid on June 14, 2013. Shareholders who purchased SBGI stock prior to the ex-dividend date are eligible for the cash dividend payment. This represents an 25% increase over the same period a year ago. At the current stock price of $26.53, the dividend yield is 2.26%.

The previous trading day's last sale of SBGI was $26.53, representing a -10.07% decrease from the 52 week high of $29.50 and a 239.26% 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 $1.63. Zacks Investment Research reports SBGI's forecasted earnings growth in 2013 as -27.25%, compared to an industry average of -5.7%.

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

Interested in gaining exposure to SBGI through an Exchange Traded Fund [ETF]?
The following ETF(s) have SBGI as a top-10 holding:

The top-performing ETF of this group is PBS with an increase of 24.39% over the last 100 days. It also has the highest percent weighting of SBGI at 3.67%.