Saga Communications declares $0.25 quarterly dividend, payable April 7, 2023

SAGA COMMUNICATIONS INC

Quarterly cash dividend of $0.25 per share on Class A Common Stock declared.
Payable April 7, 2023 to shareholders of record on March 20, 2023.
Aggregate payment approximately $1.5 million, funded from cash on balance sheet.
Company has paid over $108.3 million in dividends since 2012.
No variable dividend anticipated in Q2 2023 due to $4.86 per share in dividends declared in 2022.

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