Saga Communications (SGA) Raises Quarterly Dividend 6.7% to $0.32; 4.7% Yield

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Saga Communications, Inc. Increases its Quarterly Cash Dividend from $0.30 to $0.32 per Share

March 4, 2020 4:15 PM EST

GROSSE POINTE FARMS, Mich., March 4, 2020 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq: SGA) today announced that its Board of Directors increased the quarterly cash dividend 6.7% per share from $0.30 to $0.32 per share.  This will be the third increase in the Company's quarterly cash dividend since the Company started paying a quarterly cash dividend in 2014.  The dividend will be paid on April 10, 2020 to shareholders of record on March 16, 2020. The aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $1.9 million. The... More