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Uncovering Dividend Opportunities with NASDAQ:SBGI.

By Mill Chart

Last update: Nov 22, 2023

Our stock screener has singled out SINCLAIR INC (NASDAQ:SBGI) as a promising choice for dividend investors. NASDAQ:SBGI not only scores well in profitability, solvency, and liquidity but also offers a decent dividend. We'll explore this further.

Deciphering NASDAQ:SBGI's Dividend Rating

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 7.54%, SBGI is a good candidate for dividend investing.
  • SBGI's Dividend Yield is rather good when compared to the industry average which is at 3.92. SBGI pays more dividend than 97.96% of the companies in the same industry.
  • SBGI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.65.
  • On average, the dividend of SBGI grows each year by 7.73%, which is quite nice.
  • SBGI has been paying a dividend for at least 10 years, so it has a reliable track record.
  • SBGI has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
  • SBGI pays out 30.40% of its income as dividend. This is a sustainable payout ratio.

Health Assessment of NASDAQ:SBGI

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NASDAQ:SBGI scores a 5 out of 10:

  • With a decent Debt to FCF ratio value of 6.20, SBGI is doing good in the industry, outperforming 70.41% of the companies in the same industry.
  • 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.
  • With an excellent Current ratio value of 2.39, SBGI belongs to the best of the industry, outperforming 81.63% of the companies in the same industry.
  • SBGI has a Quick Ratio of 2.39. This indicates that SBGI is financially healthy and has no problem in meeting its short term obligations.
  • The Quick ratio of SBGI (2.39) is better than 82.65% of its industry peers.

How do we evaluate the Profitability for NASDAQ:SBGI?

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NASDAQ:SBGI was assigned a score of 6 for profitability:

  • Looking at the Return On Assets, with a value of 3.88%, SBGI is in the better half of the industry, outperforming 73.47% of the companies in the same industry.
  • SBGI has a better Return On Equity (28.09%) than 90.82% of its industry peers.
  • SBGI's Return On Invested Capital of 6.18% is fine compared to the rest of the industry. SBGI outperforms 71.43% 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.
  • Looking at the Profit Margin, with a value of 7.32%, SBGI is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
  • In the last couple of years the Profit Margin of SBGI has grown nicely.
  • With a decent Operating Margin value of 14.12%, SBGI is doing good in the industry, outperforming 79.59% of the companies in the same industry.
  • With a decent Gross Margin value of 53.65%, SBGI is doing good in the industry, outperforming 67.35% of the companies in the same industry.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

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

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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SINCLAIR INC

NASDAQ:SBGI (2/21/2024, 7:06:26 PM)

After market: 15.41 0 (0%)

15.41

-0.5 (-3.14%)

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