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

Grosse pointe farms, mich., may 09, 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 june 16, 2023, to shareholders of record on may 22, 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 approximately $110 million in dividends to shareholders since the first special dividend was paid in 2012.
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