A Solid Q3 For Sinclair Results In a Dividend Climb

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Tribune who?


Sinclair Broadcast Group easily beat Wall Street forecasts by registering strong net revenue gains and net income improvement in Q3, even when factoring in “ticking fee costs” tied to the dissolution of its now-aborted merger with Tribune Media.

The quality Q3 led Sinclair’s Board of Directors to increase its quarterly cash dividend on the company’s Class A and Class B common stock.

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