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Saga Communications Increases Quarterly Cash Dividend
RADIO ONLINE | Thursday, June 2, 2022 |
Saga Communications announced that its board of directors has declared a quarterly cash dividend of $0.20 per share. This is an increase from the previous quarterly dividend of $0.16. The dividend will be paid on July 1, 2022, to shareholders of record on June 13. The amount of the payment to be made in connection with the quarterly dividend will be approximately $1.2 million. The quarterly cash dividend will be funded by cash on the company's balance sheet.
Including this dividend, Saga will have paid over $79 million in dividends to shareholders since the first special dividend was paid in 2012.
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