{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-011354","form_type":"8-K","ticker":"SGA","cik":"0000886136","company_name":"SAGA COMMUNICATIONS INC","filed_at":"2025-08-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.590300+00:00","generated_at":"2026-05-17T14:10:01.398622+00:00","sec_items":["8.01","9.01"],"event_type":"dividend","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Saga Communications declares $0.25 quarterly dividend, plans buybacks from asset sales","bullets":["Quarterly cash dividend of $0.25 per share, payable Sept 19, 2025 to holders of record Aug 26, 2025; aggregate ~$1.6M.","Company has paid over $140M in dividends to shareholders since 2012.","Intends to use proceeds from potential sale of non-core assets to fund stock buybacks.","Future dividends and buybacks remain at Board discretion based on financial results and cash requirements."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-011354","json":"https://secwatch.observer/filing/0001558370-25-011354.json","markdown":"https://secwatch.observer/filing/0001558370-25-011354.md","text":"https://secwatch.observer/filing/0001558370-25-011354.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/886136/000155837025011354/0001558370-25-011354-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/886136/000155837025011354/sga-20250813x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T14:10:01.398622+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}