Saga communications, inc. announces variable dividend declaration and reports 4th quarter and year end 2023 results

Grosse pointe farms, mich., march 07, 2024 (globe newswire) -- saga communications, inc. (nasdaq - sga) (the “company,” “we,” “us,” “our” or “saga”) announced today that its board of directors (“board”) declared a variable dividend of $0.60 per share in conjunction with the company's variable dividend policy. the dividend will be paid on april 5, 2024 with a record date of march 18, 2024. the aggregate amount of the payment will be approximately $3.8 million and the variable dividend will be funded by cash on the company's balance sheet.
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