dividend
confidence high
sentiment positive
materiality 0.60
Saga declares $0.25 quarterly dividend, plans buybacks from asset sales
SAGA COMMUNICATIONS INC
- Quarterly cash dividend of $0.25 per share; payable June 27, 2025 to holders of record June 6, 2025.
- Aggregate dividend payment expected to be approximately $1.6 million, funded from cash on hand.
- Company intends to use proceeds from potential sale of non-core assets for stock buybacks in FY2025.
- Since 2012, Saga has paid over $138 million in total dividends to shareholders.
- Future dividends and buybacks remain at Board discretion based on financial results and cash needs.
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