Sinclair Declares $0.25 per Share Quarterly Cash Dividend

Rhea-AI Summary

Sinclair (Nasdaq: SBGI) declared a $0.25 per share quarterly cash dividend on its Class A and Class B common stock. The dividend is payable on June 9, 2026 to holders of record at the close of business on May 26, 2026. The announcement lists Sinclair's broadcasting footprint and media assets, and provides investor relations contact information.

AI-generated analysis. Not financial advice.

Positive

• $0.25 per share quarterly cash dividend declared
• Payment date set for June 9, 2026 with record date May 26, 2026
• Applies to both Class A and Class B common stock

Negative

• Announcement does not state dividend sustainability or future dividend policy
• Dividend creates a near-term cash outflow on payout date

News Market Reaction – SBGI

-2.44%

5 alerts

-2.44% News Effect

-12.0% Trough in 18 hr 52 min

-$28M Valuation Impact

$1.12B Market Cap

0.3x Rel. Volume

On the day this news was published, SBGI declined 2.44%, reflecting a moderate negative market reaction. Argus tracked a trough of -12.0% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $28M from the company's valuation, bringing the market cap to $1.12B at that time.

Data tracked by StockTitan Argus on the day of publication.

BALTIMORE, April 30, 2026 (GLOBE NEWSWIRE) -- Sinclair, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on the Company's Class A and Class B common stock. The dividend is payable on June 09, 2026, to the holders of record at the close of business on May 26, 2026.

Sinclair, Inc. (Nasdaq: SBGI) is a diversified media company and a leading provider of local news and sports. The Company owns, operates and/or provides services to 177 television stations in 79 markets affiliated with all major broadcast networks; owns Tennis Channel, the premium destination for tennis enthusiasts; and multicast networks CHARGE, Comet, ROAR and The Nest. Sinclair’s AMP Media produces a growing portfolio of digital content and original podcasts. Additional information about Sinclair can be found at www.sbgi.net.

Contact:	Christopher C. King, VP, Investor Relations (410) 568-1500

Category: Financial

FAQ

What dividend did Sinclair (SBGI) declare on April 30, 2026?

Sinclair declared a $0.25 per share quarterly cash dividend. According to the company, the dividend applies to both Class A and Class B shares and is payable June 9, 2026 to holders of record May 26, 2026.

When is the Sinclair (SBGI) dividend payable and what is the record date?

The dividend is payable on June 9, 2026 with a record date of May 26, 2026. According to the company, shareholders on record at close of business May 26 will receive the cash payment on June 9.

Which Sinclair shares are eligible for the $0.25 dividend (SBGI)?

Both Sinclair Class A and Class B common stock are eligible for the dividend. According to the company, the $0.25 per share payout covers holders of record as of May 26, 2026.

How does Sinclair (SBGI) say investors can get more information about the dividend?

Investors can contact Sinclair's investor relations for details and confirmation. According to the company, Christopher C. King, VP Investor Relations, is listed with contact information on the company's investor pages.

Will the April 30, 2026 dividend change Sinclair's future dividend policy (SBGI)?

The announcement does not specify any change to future dividend policy or sustainability. According to the company, this release only declares the $0.25 per share quarterly cash dividend and the related dates.