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SGA Board Approves $0.25/Share Quarterly Dividend; Record Date Aug 26

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Saga Communications, Inc. announced that its Board of Directors has declared a quarterly cash dividend of $0.25 per share on its Class A Common Stock. The dividend is payable on September 19, 2025 to shareholders of record on August 26, 2025, and the declaration is described in a press release filed as Exhibit 99.1.

The Form 8-K also identifies the security as Class A Common Stock trading under the symbol SGA on the NASDAQ Global Market and includes a Cover Page Interactive Data File as Exhibit 104. No earnings figures, financial statements, or other material transactions are included in this filing.

Positive

  • Board declared a quarterly cash dividend of $0.25 per share on Class A Common Stock
  • Clear payment and record dates provided: payable September 19, 2025 to holders of record on August 26, 2025
  • Press release attached as Exhibit 99.1, providing formal investor communication

Negative

  • None.

Insights

TL;DR: Board declared a $0.25 quarterly cash dividend payable Sept 19; 8-K attaches the press release as Exhibit 99.1.

The filing discloses a straightforward quarterly dividend distribution of $0.25 per share on Class A Common Stock, with a record date of August 26, 2025 and a payment date of September 19, 2025. The 8-K includes the press release as Exhibit 99.1 and an Inline XBRL cover page (Exhibit 104). The disclosure is limited to the dividend announcement and does not provide financial metrics, changes to capital structure, or other operational details that would materially alter an investment thesis.

TL;DR: The Board approved a quarterly $0.25 cash dividend; the 8-K provides formal notice and the accompanying press release.

The document serves as a formal corporate disclosure that the Board has declared a quarterly cash dividend of $0.25 per share on Class A Common Stock. The inclusion of the press release (Exhibit 99.1) complies with routine reporting practices for shareholder distributions. No additional governance actions, executive changes, or material contracts are disclosed in this filing.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 13, 2025

SAGA COMMUNICATIONS, INC.

(Exact Name of Registrant as Specified in its Charter)

Florida

 

1-11588

 

38-3042953

 (State or other jurisdiction

 

(Commission File Number)

 

(IRS Employer

of incorporation)

 

 

 

Identification No.)

73 Kercheval Avenue

 

 

Grosse Pointe Farms, MI

 

48236

 (Address of Principal Executive Offices)

 

(Zip Code)

Registrant’s telephone number, including area code: (313) 886-7070

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading symbol(s)

Name of each exchange on which registered

Class A Common Stock, par value $0.01 per share

SGA

NASDAQ Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

Item 8.01.Other Events.

On August 13, 2025, Saga Communications, Inc. (the “Company”) issued a press release announcing that the Company’s Board of Directors has declared a quarterly cash dividend of $0.25 per share on its Class A Common Stock to be paid on September 19, 2025, to shareholders of record on August 26, 2025, as set forth in the press release included as Exhibit 99.1 hereto.

Item 9.01.Financial Statements and Exhibits.

(d)

Exhibits.

99.1

Press Release dated August 13, 2025.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

INDEX OF EXHIBITS

Exhibit No.

Description

99.1

Press Release dated August 13, 2025.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SAGA COMMUNICATIONS, INC.

 

 

 

 

 

 

 

 

 

Dated: August 13, 2025

By:

/s/ Samuel D. Bush

 

 

 

Samuel D. Bush

 

 

 

Executive Vice President and Chief

 

 

 

Financial Officer

 

FAQ

What dividend did Saga Communications (SGA) declare?

The Board declared a $0.25 per share quarterly cash dividend on Class A Common Stock.

When will the SGA dividend be paid and who is eligible?

The dividend is payable on September 19, 2025 to shareholders of record as of August 26, 2025.

Where is the dividend announcement for SGA disclosed?

The declaration is disclosed in a press release filed as Exhibit 99.1 to the Form 8-K.

What class of stock is the SGA dividend for and on which exchange does it trade?

The dividend is on Class A Common Stock, which trades under the symbol SGA on the NASDAQ Global Market.

Does the 8-K include other financial information or material transactions?

No. The Form 8-K references only the dividend declaration and includes Exhibit 99.1 and an Inline XBRL cover page (Exhibit 104); it contains no earnings figures or other material transactions.
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