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BALTIMORE - Sinclair, Inc. (NASDAQ:SBGI) announced Wednesday 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 will be payable on September 15, 2025, to shareholders of record at the close of business on August 29, 2025, according to a company press release.
Sinclair operates 178 television stations across 81 markets in the United States, with affiliations to all major broadcast networks. The company also owns Tennis Channel and several multicast networks including CHARGE, Comet, ROAR and The Nest, as well as NewsON, a streaming aggregator of local news content. With a market capitalization of $984 million and annual revenue of $3.5 billion, the company trades at an attractive P/E ratio of 7.2. According to InvestingPro analysis, Sinclair appears undervalued based on its Fair Value metrics.
The media company, which trades on the Nasdaq exchange, also produces digital content and original podcasts through its AMP Media division. InvestingPro subscribers can access additional insights, including 6 more key tips about Sinclair’s financial health and growth prospects, along with a comprehensive Pro Research Report available for this stock.
In other recent news, Sinclair, Inc. announced the acquisition of the non-licensed assets of WDKA-TV in Paducah, Kentucky, and KBSI-TV in Cape Girardeau, Missouri. The company has an option to acquire all licensed assets of both stations in the future, although financial terms were not disclosed. Additionally, Sinclair appointed Narinder Sahai as its new Executive Vice President and Chief Financial Officer, succeeding Lucy Rutishauser, who will remain as Executive Vice President to support the transition. Sahai brings over 20 years of financial leadership experience, having previously served as CFO of Arcis Golf. In another development, Sinclair held its annual stockholders’ meeting, where nine directors were elected to the board, and several proposals, including the ratification of independent auditors, were successfully passed. The directors elected include David D. Smith and Frederick G. Smith, among others. These recent developments reflect Sinclair’s ongoing strategic and organizational changes.
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