Saga Communications, Inc. announced on September 10, 2026, that its Board of Directors has approved a quarterly cash dividend of $0.25 per share for its Class A Common Stock. The company stated that the dividend will be paid on October 16, 2026, to shareholders of record as of September 23, 2026.
The press release accompanying the filing indicated that the aggregate amount of this payment will be approximately $1.6 million. The company noted that the dividend will be funded from cash on its balance sheet. Including this payment, Saga Communications has distributed over $146 million in dividends to shareholders since the first special dividend was paid in 2012.
The company stated that it currently intends to declare regular quarterly cash dividends in the future. However, the declaration and payment of any future dividend, whether fixed, special, or otherwise, and the implementation of any stock buyback program, remain at the full discretion of the Board. The company emphasized that these decisions will depend on its financial results, cash requirements, future expectations, and other pertinent factors.
