SBG Declares $0.15 Quarterly Dividend per Share
Contact: Lucy Rutishauser, SVP Corporate Finance & Treasurer
SINCLAIR DECLARES $0.15 PER SHARE QUARTERLY CASH DIVIDEND
BALTIMORE (February 12, 2014) – Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced that its Board of Directors has declared a quarterly cash dividend of $0.15 per share on the Company’s Class A and Class B common stock. The dividend is payable on March 14, 2014, to the holders of record at the close of business on Febraury 28, 2014.
On a pro forma basis assuming consummation of all announced transactions, Sinclair Broadcast Group, Inc., the largest and one of the most diversified television broadcasting companies, will own and operate, program or provide sales services to 166 television stations in 77 markets. Sinclair’s television group will reach approximately 38.7% of U.S. television households and will be affiliated with all major networks. Sinclair owns equity interests in broadcast transmission-related companies and various non-broadcast related companies. The Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.
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