Saga Communications (SGA) Declares $0.30 Quarterly Dividend; 3.2% Yield

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Saga Communications, Inc. Declares Quarterly Cash Dividend of $0.30 per Share

May 15, 2018 4:30 PM EDT

GROSSE POINTE FARMS, Mich., May 15, 2018 /PRNewswire/ -- Saga Communications, Inc. (NYSE American: SGA) today announced that its Board of Directors declared a quarterly cash dividend of $0.30 per share.  The dividend will be paid on June 22, 2018 to shareholders of record on May 31, 2018.  The aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $1.8 million.  The quarterly cash dividend will be funded by cash on the Company's balance sheet.  The Company, including this dividend,... More