Answer
The news release you provided only announces that Sinclair Inc. (NASDAQ: SBGI) has declared a quarterly cash dividend of $0.25 per share payable on September 15 2025. It does not include any specific figures about the company’s cash balances, total debt, or the number of shares outstanding that would allow us to calculate the post‑dividend cash position or debt level.
Why the cash‑and‑debt numbers can’t be derived from the release
| Required Information | Where it would appear | Availability in the release |
|---|---|---|
| Cash on hand (or cash & cash equivalents) | Balance sheet (most recent Form 10‑K, 10‑Q, or press release) | Not disclosed |
| Total debt (short‑term + long‑term) | Balance sheet or footnotes to financial statements | Not disclosed |
| Number of Class A + Class B shares outstanding | Shareholder equity section or footnote “Weighted‑average shares outstanding” | Not disclosed |
| Dividend payout amount in dollars | Would be $0.25 × shares outstanding | Not disclosed |
Without the share‑count, we cannot even estimate the total cash outflow from the dividend (e.g., $0.25 × 10 million shares = $2.5 million). Consequently, we cannot determine how that payout changes the company’s cash balance, nor how it might affect leverage ratios (debt‑to‑cash, debt‑to‑EBITDA, etc.).
General effect of a cash dividend
- Cash reduction – The dividend is paid out of the company’s cash (or cash equivalents). After the payment date, cash on the balance sheet will be lower by the total dividend amount.
- Debt unchanged – Declaring and paying a cash dividend does not create new debt nor retire existing debt, so the absolute debt figure stays the same. However, the debt‑to‑cash or debt‑to‑equity ratios will rise because the cash denominator shrinks.
- Equity impact – Retained earnings (a component of shareholders’ equity) are reduced by the same amount as the cash outflow, so total equity falls in parallel with cash.
What you can do next
Locate Sinclair’s most recent financial statements (Form 10‑K for FY 2024 or the latest Form 10‑Q). These filings provide:
- Cash & cash equivalents at period‑end.
- Total interest‑bearing debt (short‑term borrowings, long‑term debt, capital leases, etc.).
- Shares outstanding (both Class A and Class B).
Calculate the dividend cash outflow:
[
\text{Total dividend payout} = \$0.25 \times \text{(Class A + Class B shares outstanding)}
]Adjust the cash figure:
[
\text{Cash after dividend} = \text{Cash before dividend (from the balance sheet)} - \text{Total dividend payout}
]Compare debt to the new cash amount (or compute leverage ratios) to see the impact on the company’s financial position.
Bottom line
- The news article does not provide the cash position or debt level.
- Only the dividend amount per share is disclosed.
- To answer the question precisely, you’ll need the latest balance‑sheet data and the total number of shares outstanding, which are available in Sinclair’s SEC filings or other detailed financial disclosures.