---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-012829"
form_type: "8-K"
ticker: "SGA"
cik: "0000886136"
company_name: "SAGA COMMUNICATIONS INC"
filed_at: "2021-09-28T23:59:59+00:00"
generated_at: "2026-06-29T01:09:54.923016+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Saga Communications declares $0.16 quarterly dividend, appoints Marcia Lobaito to board

## Summary
- Marcia K. Lobaito appointed to Board effective Sept 28, 2021; she retired as SVP in 2020 and continues as Corporate Secretary.
- Board declared quarterly cash dividend of $0.16 per share, payable Oct 22, 2021 to holders of record Oct 8, 2021.
- Aggregate dividend payment approximately $960,000, funded from cash on hand.
- Company has paid over $73M in dividends since 2012; intends to continue regular quarterly dividends.

## SEC filing metadata
- accession: 0001558370-21-012829
- form_type: 8-K
- ticker: SGA
- cik: 0000886136
- company_name: SAGA COMMUNICATIONS INC
- filed_at: 2021-09-28T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/886136/000155837021012829/0001558370-21-012829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/886136/000155837021012829/sga-20210928x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-012829
- JSON: https://secwatch.observer/filing/0001558370-21-012829.json
- Plain text: https://secwatch.observer/filing/0001558370-21-012829.txt

## Key facts
- Executive change
  Marcia K. Lobaito was appointed as Director at SAGA COMMUNICATIONS INC.
  - Action: appointed
  - Role: Director
  source text: On September 28, 2021, Saga Communications, Inc. (the “Company”) appointed Marcia K. Lobaito to its Board of Directors, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/886136/000155837021012829/0001558370-21-012829-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.