Saga Communications, Inc. (NASDAQ:SGA) Announces Quarterly Dividend of $0.25

Posted by James Conley on Sep 11th, 2026

Saga Communications, Inc. (NASDAQ:SGA – Get Free Report) declared a quarterly dividend on Thursday, September 10th. Shareholders of record on Wednesday, September 23rd will be given a dividend of 0.25 per share on Friday, October 16th. This represents a c) annualized dividend and a yield of 11.2%. The ex-dividend date of this dividend is Wednesday, September 23rd.

Saga Communications has increased its dividend by an average of 0.3%per year over the last three years. Saga Communications has a dividend payout ratio of 135.1% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.

Saga Communications Price Performance

Shares of NASDAQ:SGA opened at $8.90 on Friday. The company has a market capitalization of $56.60 million, a PE ratio of -6.45 and a beta of -0.11. The business has a fifty day moving average price of $9.12 and a two-hundred day moving average price of $10.08. Saga Communications has a 1 year low of $8.24 and a 1 year high of $13.19.

Saga Communications (NASDAQ:SGA – Get Free Report) last released its earnings results on Thursday, August 13th. The company reported $0.15 EPS for the quarter, topping analysts’ consensus estimates of ($0.18) by $0.33. The company had revenue of $26.40 million for the quarter, compared to analysts’ expectations of $25.50 million. Saga Communications had a positive return on equity of 3.87% and a negative net margin of 8.55%.

About Saga Communications

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Saga Communications, Inc (NASDAQ: SGA) is an independent radio broadcasting company that owns and operates a portfolio of local radio stations across the United States. Headquartered in Grosse Pointe Farms, Michigan, the company focuses on full‐service radio properties offering a variety of formats, including music, news‐talk and sports programming. In addition to traditional over‐the‐air broadcasts, Saga leverages web streaming and mobile platforms to broaden listener reach and provide advertisers with multimedia opportunities.

Founded in 1985 by Edward J.