Companies

Saga Communications Declares Special $2.00 Cash Dividend Per Share

Published December 7, 2023

GROSSE POINTE FARMS, Mich. — In a significant announcement for shareholders, Saga Communications, Inc. SGA, a prominent broadcast company, has declared a generous special cash dividend. The decision made by the Board of Directors will result in a $2.00 per share dividend, rewarding investors amidst the current market conditions.

Details of the Dividend Declaration

The declaration of this special dividend by Saga Communications serves as a testament to the company's performance and its dedication to sharing success with its shareholders. Managed under the careful watch of its Board, SGA has resolved to distribute a one-time cash dividend, underlining the financial health and optimistic outlook of the company within the broadcasting industry.

SGA's Business Profile

Headquartered in Grosse Pointe Farms, Michigan, Saga Communications, Inc. is a trusted name in the acquisition, development, and operation of broadcast properties. With a robust portfolio across the United States, SGA's latest financial move demonstrates its commitment to creating value for its shareholders, while strategically navigating the broadcast space.

Saga, Dividend, Shareholders