Saga Communications (SGA) Declares $0.25 Quarterly Dividend; 4.8% Yield

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Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.25 per Share

November 16, 2023 4:00 PM EST

GROSSE POINTE FARMS, Mich., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the Company, Saga or our) today announced that its Board of Directors (Board) declared a quarterly cash dividend of $0.25 per share. The dividend will be paid on December 15, 2023, to shareholders of record on November 27, 2023. The aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $1.5 million. The quarterly dividend will be funded by cash on the Companys balance sheet. Including this dividend, the Company will have paid approximately $113 million in dividends to shareholders since the first special dividend was paid in... More