Is NASDAQ:SBGI a Good Fit for Dividend Investing?

Our stock screener has spotted SINCLAIR INC (NASDAQ:SBGI) as a good dividend stock with solid fundamentals. NASDAQ:SBGI shows decent health and profitability. At the same time it gives a good and sustainable dividend. We'll dive into each aspect below.

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 10.16%, SBGI is a good candidate for dividend investing.
• SBGI's Dividend Yield is rather good when compared to the industry average which is at 4.80. SBGI pays more dividend than 97.94% of the companies in the same industry.
• SBGI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.76.
• 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.
• SBGI pays out 30.40% of its income as dividend. This is a sustainable payout ratio.

What does the Health looks like for NASDAQ:SBGI

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:SBGI has received a 5 out of 10:

• SBGI has a better Debt to FCF ratio (6.20) than 70.10% of its industry peers.
• 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.
• The Current ratio of SBGI (2.39) is better than 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 Quick ratio of 2.39. This is amongst the best in the industry. SBGI outperforms 83.51% of its industry peers.

What does the Profitability looks like for NASDAQ:SBGI

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NASDAQ:SBGI, the assigned 6 is noteworthy for profitability:

• With a decent Return On Assets value of 3.88%, SBGI is doing good in the industry, outperforming 73.20% 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.
• SBGI has a Return On Invested Capital of 6.18%. This is in the better half of the industry: SBGI outperforms 73.20% of its industry peers.
• 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 Profit Margin of 7.32%. This is in the better half of the industry: SBGI outperforms 68.04% of its industry peers.
• In the last couple of years the Profit Margin of SBGI has grown nicely.
• SBGI has a better Operating Margin (14.12%) than 79.38% of its industry peers.
• With a decent Gross Margin value of 53.65%, SBGI is doing good in the industry, outperforming 68.04% of the companies in the same industry.

More Best Dividend stocks can be found in our Best Dividend screener.

Our latest full fundamental report of SBGI contains the most current fundamental analsysis.

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.