Saga Communications, Inc. (SGA) To Go Ex-Dividend on September 23rd

Posted by Hanz Christensen on Sep 12th, 2026

Saga Communications, Inc. (NASDAQ:SGA – Get Free Report) declared a quarterly dividend on Thursday, September 10th. Investors of record on Wednesday, September 23rd will be given a dividend of 0.25 per share on Friday, October 16th. This represents a c) dividend on an annualized basis and a dividend yield of 11.0%. The ex-dividend date is Wednesday, September 23rd.

Saga Communications has increased its dividend by an average of 0.3%annually over the last three years. Saga Communications has a 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 Stock Up 2.6%

Shares of NASDAQ SGA opened at $9.13 on Friday. The stock has a market cap of $58.07 million, a PE ratio of -6.62 and a beta of -0.11. Saga Communications has a 52-week low of $8.24 and a 52-week high of $13.19. The business has a 50-day moving average price of $9.12 and a 200 day moving average price of $10.08.

Saga Communications (NASDAQ:SGA – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The company reported $0.15 earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.33. The business had revenue of $26.40 million during the quarter, compared to the consensus estimate of $25.50 million. Saga Communications had a positive return on equity of 3.87% and a negative net margin of 8.55%.

Saga Communications Company Profile

(Get Free Report)

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.