Sinclair Broadcast Group (NASDAQ:SBGI) stock reported trading -76.27% off 52-week high price. On the other end, the stock has been noted 49.36% away from low price over the last 52-weeks. The stock disclosed a move of -7.90% away from 50 day moving average and -52.59% away from 200 day moving average. Moving closer, we can see that shares have been trading 1.38% off 20-day moving average. It has market cap of $1.45B and dividend yield of 5.20%.
On May 06, 2020, Sinclair Broadcast Group (NASDAQ:SBGI) notified that its Board of Directors has declared a quarterly cash dividend of $0.20 per share on the Company’s Class A and Class B common stock. The dividend is payable on June 15, 2020, to the holders of record at the close of business on June 1, 2020.
Sinclair is a diversified media company and leading provider of local sports and news. The Company owns and/or operates 23 regional sports network brands; owns, operates and/or provides services to 191 television stations in 89 markets; is a leading local news provider in the country; owns multiple national networks; and has TV stations affiliated with all the major broadcast networks. Sinclair’s content is delivered via multiple-platforms, including over-the-air, multi-channel video program distributors, and digital platforms.
The USA based company Sinclair Broadcast Group moved with change of 2.70% to $15.8 with the total traded volume of 2641209 shares in recent session versus to an average volume of 2.41M shares. The stock was observed in the 5 days activity at -10.48%. The one month performance of stock was 25.55%. SBGI’s shares are at -49.92% for the quarter and driving a -74.57% return over the course of the past year and is now at -53.87% since this point in 2018. Right now the stock beta is 1.34. The average volatility for the week and month was at 7.39% and 8.61% respectively. There are 94.43M shares outstanding and 60.29M shares are floated in market.