Saga Communications Board Announces Dividends
Saga Communications’ board of directors declares a quarterly cash dividend of $0.25 per share. That dividend will be paid on March 20,
2026, to shareholders of record on February 26, 2026. The aggregate amount of the payment 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 over $143 million in dividends to shareholders since the first special dividend was paid in 2012.
.048 shares of PodcastOne in the special dividend for each LiveOne share they own. LiveOne also says that the spin-out would allow for repayment of $3 million of PodcastOne’s convertible debt. However, LiveOne also states that “PodcastOne’s planned direct listing, amount of the special dividend and LiveOne’s shareholders’ dividend eligibility shall be subject to obtaining approval from the applicable national exchange and compliance with applicable rules and regulations and trading and listing requirements. There can be no assurance that PodcastOne’s efforts will result in the consummation of the proposed direct listing and/or special dividend.”