Saga Communications, Inc. Announces Variable Dividend Declaration and Reports 4th Quarter and Year End 2023 Results
Saga Communications, Inc. - Class A (SGA)
NASDAQ:AMEX Investor Relations:
ir.sagacom.com
Company Research
Source: GlobeNewswire
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. The Company also reported that net revenue decreased 3.3% to $29.1 million for the quarter ended December 31, 2023 compared to $30.1 million for the same period last year. Political impacted the quarter’s performance as for the quarter the Company had $407 thousand in gross political revenue this year compared to $1.9 million for the same period last year. Without political revenue the Company’s gross revenue for the quarter would have increased ap
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News
- Investing in Saga Communications (NASDAQ:SGA) five years ago would have delivered you a 16% gain [Yahoo! Finance]Yahoo! Finance
- Saga Communications, Inc. Announces Date and Time of 1st Quarter 2024 Earnings Release and Conference CallGlobeNewswire
- With 39% ownership, Saga Communications, Inc. (NASDAQ:SGA) has piqued the interest of institutional investors [Yahoo! Finance]Yahoo! Finance
- Saga Communications, Inc. (NASDAQ:SGA) Q4 2023 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Saga Communications Inc (SGA) Reports Decline in Q4 and Full-Year Revenue Amid Political Revenue Dip [Yahoo! Finance]Yahoo! Finance
SGA
Earnings
- 3/7/24 - Beat
SGA
Sec Filings
- 4/11/24 - Form ARS
- 4/11/24 - Form DEF
- 3/15/24 - Form 10-K
- SGA's page on the SEC website