Sinclair Declares $0.20 Per Share Quarterly Cash Dividend

BALTIMORE–(BUSINESS WIRE)–Sinclair Broadcast Group, Inc. (Nasdaq: SBGI) announced 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 March 24, 2021, to the holders of record at the close of business on March 10, 2021.

Sinclair is a diversified media company and leading provider of local sports and news. The Company owns and/or operates 21 regional sports network brands; owns, operates and/or provides services to 186 television stations in 87 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 Company regularly uses its website as a key source of Company information which can be accessed at www.sbgi.net.

Contacts

Steve Zenker, Vice President, Investor Relations

Billie-Jo McIntire, Director, Investor Relations

(410) 568-1500

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