---
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"
generated_at: "2026-05-17T14:10:01.398622+00:00"
event_type: "dividend"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Saga Communications declares $0.25 quarterly dividend, plans buybacks from asset sales

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: dividend
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-25-011354
- JSON: https://secwatch.observer/filing/0001558370-25-011354.json
- Plain text: https://secwatch.observer/filing/0001558370-25-011354.txt

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