Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.25 per Share

Saga sets a $0.25 quarterly cash dividend, bringing cumulative shareholder dividends to more than $146 million since 2012.

Rhea-AI Summary

Saga Communications (SGA) declared a quarterly cash dividend of $0.25 per share payable to shareholders in October 2026.

The dividend will be paid on October 16, 2026 to shareholders of record on September 23, 2026, with an aggregate payment of approximately $1.6 million, funded from cash on the balance sheet. Including this payout, Saga will have distributed over $146 million in dividends since its first special dividend in 2012. The company currently intends to continue declaring regular quarterly cash dividends, but notes that any future dividends or stock buybacks will remain at the Board’s full discretion and depend on financial results, cash needs, expectations, and other factors.

Positive

• Quarterly cash dividend of $0.25 per share, payable October 16, 2026
• Total quarterly dividend payout of approximately $1.6 million
• Cumulative dividends paid since 2012 exceed $146 million
• Dividend will be funded from cash on the balance sheet

Negative

• None.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GROSSE POINTE FARMS, Mich., Sept. 10, 2026 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company”, “Saga” or “our”) today announced that its Board of Directors (“Board”) declared a quarterly cash dividend of $0.25 per share. The dividend will be paid on October 16, 2026, to shareholders of record on September 23, 2026. The aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $1.6 million. The quarterly dividend will be funded by cash on the Company’s balance sheet. Including this dividend, the Company will have paid over $146 million in dividends to shareholders since the first special dividend was paid in 2012.

The Company currently intends to declare regular quarterly cash dividends in the future. 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’s 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 focus on providing opportunities complimentary to our core radio business including digital, e-commerce, local on-line news services and non-traditional revenue initiatives. Saga owns or operates broadcast properties in 28 markets, including 82 FM and 28 AM radio stations and 78 metro signals. For additional information, contact us at (313) 886-7070 or visit our website at www.sagacom.com.

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 “will,” “may,” “believes,” “intends,” “expects,” “anticipates,” “guidance,” 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’s 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

FAQ

When are the record and payment dates for Saga’s latest dividend?

The quarterly cash dividend will be paid on October 16, 2026 to shareholders of record as of September 23, 2026.

What determines whether Saga will pay future dividends or conduct buybacks?

Future dividends or any stock buyback program will be at the Board’s full discretion and will depend on Saga’s financial results, cash requirements, future expectations, and other pertinent factors.