Saga communications, inc. declares a quarterly cash dividend of $0.25 per share

Grosse pointe farms, mich., march 01, 2023 (globe newswire) -- saga communications, inc. (nasdaq - sga) (the “company”, “saga” or “our”) today announced that its board of directors declared a quarterly cash dividend of $0.25 per share. the dividend will be paid on april 7, 2023, to shareholders of record on march 20, 2023. the aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $1.5 million. the quarterly dividend will be funded by cash on the company's balance sheet. including this dividend, the company will have paid over $108.3 million in dividends to shareholders since the first special dividend was paid in 2012.
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