Saga Communications Declares a Quarterly Cash Dividend

RADIO ONLINE | Tuesday, December 14, 2021

Saga Communications

Saga Communications has announced that its board of directors declared a quarterly cash dividend of $0.16 per share and a special cash dividend of $0.50 per share. The dividend will be paid on January 14, 2022, to shareholders of record on December 27. The payment to be made in connection with the quarterly and special dividends will be approximately $4 million. The quarterly and special cash dividends will be funded by cash on the company's balance sheet.

Including this dividend, the company will have paid over $77 million in dividends to shareholders since the first special dividend was paid in 2012.