Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.25 per Share
Saga Communications (Nasdaq: SGA) has declared a quarterly cash dividend of $0.25 per share, payable on September 19, 2025, to shareholders of record on August 26, 2025. The total dividend payment will amount to approximately $1.6 million, funded from the company's balance sheet.
Since initiating dividend payments in 2012, Saga has distributed over $140 million in dividends to shareholders. The company has also announced plans to implement stock buybacks in fiscal year 2025, potentially funded by proceeds from non-core asset sales. Saga currently operates 82 FM and 31 AM radio stations across 28 markets, along with 79 metro signals.
Saga Communications (Nasdaq: SGA) ha dichiarato un dividendo trimestrale in contanti di $0,25 per azione, pagabile il 19 settembre 2025 agli azionisti registrati al 26 agosto 2025. L'importo totale del dividendo sar脿 di circa $1,6 milioni, finanziato dal bilancio della societ脿.
Dal 2012, anno d'inizio dei dividendi, Saga ha distribuito oltre $140 milioni agli azionisti. La societ脿 ha inoltre annunciato l'intenzione di avviare riacquisti di azioni nell'esercizio 2025, eventualmente finanziati con i proventi della vendita di attivit脿 non core. Saga gestisce attualmente 82 stazioni radio FM e 31 AM in 28 mercati, oltre a 79 segnali metropolitani.
Saga Communications (Nasdaq: SGA) ha declarado un dividendo trimestral en efectivo de $0.25 por acci贸n, pagadero el 19 de septiembre de 2025 a los accionistas registrados al 26 de agosto de 2025. El pago total del dividendo ascender谩 a aproximadamente $1,6 millones, financiado con el balance de la compa帽铆a.
Desde que comenz贸 a pagar dividendos en 2012, Saga ha distribuido m谩s de $140 millones a los accionistas. La compa帽铆a tambi茅n ha anunciado planes para ejecutar recompras de acciones en el a帽o fiscal 2025, que podr铆an financiarse con los ingresos por la venta de activos no estrat茅gicos. Saga opera actualmente 82 emisoras FM y 31 AM en 28 mercados, adem谩s de 79 se帽ales metropolitanas.
Saga Communications (Nasdaq: SGA)電� 攵勱赴 順勱笀氚半嫻鞙茧 欤茧嫻 $0.25毳� 靹犾柛頄堨溂氅�, 氚半嫻旮堨潃 2025雲� 9鞗� 19鞚�鞐� 歆�旮夒悩瓿� 2025雲� 8鞗� 26鞚� 順勳灛鞚� 欤检＜氇呺秬鞐� 霌膘灛霅� 欤检＜鞐愱矊 歆�旮夒惄雼堧嫟. 齑� 氚半嫻旮� 攴滊電� 鞎� $1.6 million鞙茧 須岇偓鞚� 雽�彀寑臁绊憸鞐愳劀 於╇嫻霅╇媹雼�.
2012雲� 氚半嫻鞚� 鞁滌瀾頃� 鞚错泟 Saga電� 欤检＜霌れ棎瓴� 雸勳爜 $140 million 鞚挫儊鞚� 攵勲鞍頄堨姷雼堧嫟. 須岇偓電� 霕愴暅 2025 須岅硠鞐半弰鞐� 鞛愳偓欤� 毵れ瀰鞚� 鞁滍枆頃� 瓿勴殟鞚� 氚滍憸頄堨溂氅�, 鞚措姅 牍勴暤鞁� 鞛愳偘 毵り皝雽�旮堨溂搿� 鞛愱笀 臁半嫭霅� 靾� 鞛堨姷雼堧嫟. Saga電� 順勳灛 28臧� 鞁滌灔鞐愳劀 82臧� FM 氚� 31臧� AM 霛茧敂鞓� 氚╈啞甑�瓿� 79臧滌潣 氅旐姼搿� 鞁犿樃毳� 鞖挫榿頃橁碃 鞛堨姷雼堧嫟.
Saga Communications (Nasdaq: SGA) a d茅clar茅 un dividende trimestriel en num茅raire de 0,25 $ par action, payable le 19 septembre 2025 aux actionnaires inscrits au registre au 26 ao没t 2025. Le montant total du dividende s'茅l猫vera 脿 environ 1,6 million $, financ茅 par le bilan de la soci茅t茅.
Depuis le d茅but des distributions de dividendes en 2012, Saga a vers茅 plus de 140 millions $ 脿 ses actionnaires. La soci茅t茅 a 茅galement annonc茅 son intention de lancer des rachats d'actions au cours de l'exercice 2025, qui pourraient 锚tre financ茅s par les produits de cessions d'actifs non strat茅giques. Saga exploite actuellement 82 stations FM et 31 AM dans 28 march茅s, ainsi que 79 signaux m茅tropolitains.
Saga Communications (Nasdaq: SGA) hat eine viertelj盲hrliche Bardividende von $0,25 je Aktie angek眉ndigt, zahlbar am 19. September 2025 an Aktion盲re, die am 26. August 2025 im Register stehen. Die gesamte Dividendenauszahlung bel盲uft sich auf rund $1,6 Millionen und wird aus der Bilanz des Unternehmens finanziert.
Seit Beginn der Dividendenzahlungen im Jahr 2012 hat Saga den Aktion盲ren mehr als $140 Millionen ausgesch眉ttet. Das Unternehmen hat au脽erdem Pl盲ne f眉r Aktienr眉ckk盲ufe im Gesch盲ftsjahr 2025 angek眉ndigt, die m枚glicherweise aus Erl枚sen aus dem Verkauf nicht betriebsnotwendiger Verm枚genswerte finanziert werden. Saga betreibt derzeit 82 FM- und 31 AM-Radiosender in 28 M盲rkten sowie 79 Metrosignale.
- Consistent quarterly dividend payments maintained at $0.25 per share
- Strong dividend history with over $140 million paid since 2012
- Planned stock buyback program to enhance shareholder value
- Substantial media portfolio with 113 radio stations across 28 markets
- Dividend payments of $1.6 million may impact cash reserves
- Potential sale of non-core assets indicates portfolio restructuring
- Future dividends and buybacks subject to Board discretion and financial performance
GROSSE POINTE FARMS, Mich., Aug. 13, 2025 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the聽鈥淐ompany鈥�, 鈥淪aga鈥� or 鈥渙ur鈥�) today announced that its Board of Directors (鈥淏oard鈥�) declared a quarterly cash dividend of
The Company currently intends to declare regular quarterly cash dividends in the future. Further, as part of its overall capital allocation plan for fiscal year 2025, Saga has announced it intends to use a portion of the proceeds from the potential sale of non-core assets to fund stock buybacks, which may include open market repurchases, block trades or other forms of buybacks. The Company may also declare special dividends and implement stock buybacks in future periods. The declaration and payment of any future dividend, whether fixed, special, or based on the variable policy, or the implementation of any stock buyback program will remain at the full discretion of the Board and will depend on the Company鈥檚 financial results, cash requirements, future expectations, and other pertinent factors.
Saga is a media company whose business is devoted to acquiring, developing and operating broadcast properties with a growing focus on opportunities complimentary to our core radio business including digital, e-commerce and non-traditional revenue initiatives. Saga owns or operates broadcast properties in 28 markets, including 82 FM and 31 AM radio stations and 79 metro signals. For additional information, contact us at (313) 886-7070 or visit our website at .
This press release contains certain forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that are based upon current expectations and involve certain risks and uncertainties. Words such as 鈥渨ill,鈥� 鈥渕ay,鈥� 鈥渂elieves,鈥� 鈥渋ntends,鈥� 鈥渆xpects,鈥� 鈥渁nticipates,鈥� 鈥減lans,鈥� 鈥減rojects,鈥� 鈥済uidance,鈥� and similar expressions are intended to identify forward-looking statements. The material risks facing our business are described in the reports Saga periodically files with the U.S. Securities and Exchange Commission, including, in particular, Item 1A of our Annual Report on Form 10-K. Readers should note that forward-looking statements may be impacted by several factors, including global, national, and local economic changes and changes in the radio broadcast industry in general as well as Saga鈥檚 actual performance. Actual results may vary materially from those described herein and Saga undertakes no obligation to update any information contained herein that constitutes a forward-looking statement.
Contact:
Samuel D. Bush
(313) 886-7070
This press release was published by a CLEAR庐 Verified individual.
FAQ
What is Saga Communications' (SGA) latest quarterly dividend amount?
When is the record date for Saga Communications' Q3 2025 dividend?
How much has Saga Communications paid in total dividends since 2012?
What are Saga Communications' capital allocation plans for 2025?
How many radio stations does Saga Communications currently operate?
