Industry News

Saga Communications Declares Cash Dividend

Saga Communications’ board of directors announces that the company is declaring a quarterly cash dividend of $0.25 per share. The dividend will be paid on March 8, 2024, to shareholders of record onim 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.