Saga Communications, Inc. Declares Variable Dividend, Payable on April 5, 2024
March 07, 2024 at 09:00 am EST
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Saga Communications, Inc. announced that its Board of Directors 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.
Saga Communications, Inc. is a broadcast company. The Company is primarily engaged in acquiring, developing, and operating broadcast properties. The Company owns approximately 79 frequency modulation (FM), 34 AM radio stations, and 80 metro signals serving over 27 markets, including Asheville, Bellingham, Brattleboro, Bucyrus, Champaign, Charleston, Charlottesville, Clarksville, Columbus, Des Moines, Greenfield, Harrisonburg, Hilton Head Island, Ithaca, Jonesboro, Keene, Manchester, Mitchell, Norfolk, Ocala, Northampton, Portland, Spencer, Springfield, and Yankton. The radio stations that the Company owns and/or operates employ a variety of programming formats, including Classic Hits, Adult Hits, Top 40, Country, Country Legends, Mainstream/Hot/Soft Adult Contemporary, Pure Oldies, Classic Rock, and News/Talk. Its stations broadcast primarily in small to mid-size markets.