Saga Communications, Inc.
- Market Cap (Float-Adj) (Float-adjusted market cap computed by the low-float screener — matches the screener row. May differ from the standard cap (price × all shares outstanding) reported elsewhere.)
- $52.2M
- Price
- $8.21
- % Change (Daily % change from the live per-ticker quote feed.)
- -1.91%
- Volume
- 10.7K
About
Saga Communications, Inc. operates as a broadcasting firm, concentrating on the acquisition, development, and management of media assets throughout the United States. Its diverse network of radio stations presents a broad spectrum of programming, featuring popular formats such as classic hits, adult hits, top 40, various country music genres (including country legends), mainstream, hot, and soft adult contemporary, pure oldies, classic rock, and news/talk content. As of February 28, 2022, the company's portfolio encompassed 79 FM and 34 AM radio stations, alongside 79 metro signals, collectively serving 27 different markets. Saga Communications, established in 1986, maintains its corporate headquarters in Grosse Pointe Farms, Michigan.
Quick stats
Shares outstanding6.4M
Computed float—
Float / sharesUnknown
Cash runway (months)37.4
Key info
SectorCommunication Services
IndustryBroadcasting
CIK (Central Index Key — the unique ID the SEC assigns to every filer. Use it to look up the company's filings on EDGAR.)0000886136
Websitehttps://www.sagacom.com
AI Summary
AI-generated1/9
minorneutraldividend
Saga Communications, Inc. Declares a Quarterly Cash Dividend of $0.25 per Share
Saga Communications' Board of Directors declared a quarterly cash dividend of $0.25 per share, payable October 16, 2026 to shareholders of record as of September 23, 2026.
The aggregate payout will be approximately $1.6 million, funded by cash on the company's balance sheet; including this payment, Saga has returned over $146 million in dividends since its first special dividend in 2012.
Management reiterated its intent to declare regular quarterly cash dividends going forward, though future declarations and any stock buyback remain at the Board's discretion depending on financial results and cash requirements.
Saga is a media company operating broadcast properties in 28 markets, including 82 FM and 28 AM radio stations and 78 metro signals.