dividend
confidence high
sentiment neutral
materiality 0.50
Saga Communications declares $0.25/share quarterly cash dividend payable June 28
SAGA COMMUNICATIONS INC
- Dividend of $0.25 per share on Class A Common Stock, payable June 28, 2024 to holders of record June 3, 2024.
- Aggregate payment approximately $1.6 million, funded from cash on balance sheet.
- Company has paid cumulative ~$132 million in dividends since 2012.
- Board reaffirms variable dividend policy; future dividends at Board discretion.