Sinclair Broadcast Group reported that Q4 revenues were down only 0.8%, but that Q1 is expected to be down in the low to mid 20s on a percentage basis. So, the company has suspended dividend payments on its common stock to conserve cash.
Sinclair Broadcast Group reported that Q4 revenues were down only 0.8%, but that Q1 is expected to be down in the low to mid 20s on a percentage basis. So, the company has suspended dividend payments on its common stock to conserve cash.
