Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.25 per Share
GROSSE POINTE FARMS, Mich., Feb. 07, 2024 (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 March 8, 2024, to shareholders of record on February 20, 2024. The aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $1.6 million. The quarterly dividend will be funded by cash on the Company’s balance sheet. Including this dividend, the Company will have paid approximately $127 million in dividends to shareholders since the first special dividend was paid in 2012.