dividend
confidence high
sentiment neutral
materiality 0.45
Saga Communications declares $0.25 quarterly dividend, plans stock buybacks from asset sales
SAGA COMMUNICATIONS INC
- Quarterly cash dividend of $0.25 per share payable Dec 12, 2025 to holders of record Nov 24, 2025.
- Aggregate payment approximately $1.6 million; funded from balance sheet cash.
- Company intends to use proceeds from non-core asset sales for stock buybacks, including open market or block trades.
- Over $141 million in dividends paid to shareholders since the first special dividend in 2012.
- Future dividends and buybacks remain at Board discretion based on financial results and cash requirements.