Sinclair Declares $0.25 per Share Quarterly Cash Dividend
Rhea-AI Summary
Sinclair (Nasdaq: SBGI) declared a quarterly cash dividend of $0.25 per share on both Class A and Class B common stock. The dividend is payable on March 24, 2026 to shareholders of record at the close of business on March 10, 2026.
Sinclair is a diversified media company that owns or services 179 television stations in 81 markets and brands including Tennis Channel, CHARGE, Comet, ROAR and The Nest.
AI-generated analysis. Not financial advice.
Positive
- Dividend declared of $0.25 per share
- Payment date set for March 24, 2026
- Record date established as March 10, 2026
Negative
- None.
News Market Reaction – SBGI
On the day this news was published, SBGI gained 17.53%, reflecting a significant positive market reaction. Argus tracked a peak move of +27.6% during that session. Our momentum scanner triggered 34 alerts that day, indicating elevated trading interest and price volatility. This price movement added approximately $178M to the company's valuation, bringing the market cap to $1.19B at that time. Trading volume was above average at 1.9x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
BALTIMORE, Feb. 25, 2026 (GLOBE NEWSWIRE) -- Sinclair, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of
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 179 television stations in 81 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.
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Category: Financial