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Saga Communications, Inc., a broadcast company, acquires, develops, and operates broadcast properties in the United States. The company's radio stations employ various programming formats, including classic hits, adult hits, top 40, country, country legends, mainstream/hot/soft adult contemporary, pure oldies, classic rock, and news/talk. As of February 28, 2022, it owned seventy-nine FM, thirty- four AM radio stations, and seventy-nine metro signals serving twenty-seven markets. The company was founded in 1986 and is headquartered in Grosse Pointe Farms, Michigan.

Saga Communications Dividend Announcement

Saga Communications announced a quarterly dividend of $0.25 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-25
Saga Communications annual dividend for 2024 was $1.35
Saga Communications annual dividend for 2023 was $3.00
Saga Communications's trailing twelve-month (TTM) dividend yield is 29.19%
Saga Communications's payout ratio for the trailing twelve months (TTM) is 361.86%
Saga Communications's dividend growth over the last five years (2018-2023) was 15.65% year
Saga Communications's dividend growth over the last ten years (2013-2023) was 5.24% year

Saga Communications Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-25$0.25quarterly2024-10-18
2024-06-03$0.25quarterly2024-06-28
2024-03-15$0.60quarterly2024-04-05
2024-02-16$0.25quarterly2024-03-08
2023-12-19$2.00quarterly2024-01-12
2023-11-24$0.25quarterly2023-12-15
2023-10-10$0.25quarterly2023-11-03
2023-05-19$0.25quarterly2023-06-16
2023-03-17$0.25quarterly2023-04-07
2022-12-20$2.25quarterly2023-01-13
2022-09-30$2.25quarterly2022-10-21
2022-06-10$0.20quarterly2022-07-01
2022-03-18$0.16quarterly2022-04-08
2021-12-23$0.66quarterly2022-01-14
2021-10-07$0.16quarterly2021-10-22
2021-06-29$0.16quarterly2021-07-16
2020-03-13$0.32quarterly2020-04-10
2019-12-26$0.30quarterly2020-01-17
2019-09-20$0.30quarterly2019-10-11
2019-06-13$0.30quarterly2019-07-05
2019-03-11$0.30quarterly2019-03-29
2018-12-07$0.55quarterly2019-01-04
2018-08-30$0.30quarterly2018-09-14
2018-05-30$0.30quarterly2018-06-22
2018-03-09$0.30quarterly2018-03-30
2017-12-15$1.10quarterly2018-01-05
2017-09-22$0.30quarterly2017-10-13
2017-05-18$0.30quarterly2017-06-09
2017-03-24$0.30quarterly2017-04-14
2016-12-01$0.50quarterly2016-12-23
2016-09-12$0.30quarterly2016-09-30
2016-06-13$0.25quarterly2016-07-08
2016-03-23$0.25quarterly2016-04-15
2015-11-25$0.50quarterly2015-12-11
2015-09-10$0.20quarterly2015-10-02
2015-06-18$0.20quarterly2015-07-10
2015-04-01$0.20quarterly2015-04-17
2014-12-11$1.20quarterly2014-12-29
2014-10-01$0.20quarterly2014-10-17
2014-07-09$0.20quarterly2014-07-25
2013-11-27$1.80quarterly2013-12-12

Saga Communications Dividend per year

Saga Communications Dividend growth

Saga Communications Dividend Yield

Saga Communications current trailing twelve-month (TTM) dividend yield is 29.19%. Interested in purchasing Saga Communications stock? Use our calculator to estimate your expected dividend yield:

Saga Communications Financial Ratios

P/E ratio13.75
PEG ratio-4.06
P/B ratio0.51
ROE3.64%
Payout ratio361.86%
Current ratio2.69
Quick ratio2.69
Cash Ratio0.90

Saga Communications Dividend FAQ

How much is the next Saga Communications dividend?
Saga Communications's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Saga Communications dividend. The next Saga Communications dividend will be released in March, May, October, November, or December.
When is Saga Communications dividend paid?
Saga Communications pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, May, October, November, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Saga Communications pay?
The specific amount of Saga Communications dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Saga Communications's dividend history.
Does Saga Communications stock pay dividends?
Yes, Saga Communications does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Saga Communications's dividend history.
How much dividend does Saga Communications pay?
Saga Communications paid $1.35 in 2024, $3.0 in 2023, $4.86 in 2022, $0.98 in 2021, and $0.32 in 2020.
How often does Saga Communications pay dividends?
Saga Communications typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, May, October, November, and December.
What is Saga Communications's dividend yield?
The current dividend yield for Saga Communications is 29.19%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Saga Communications's exact dividend yield.
When does Saga Communications go ex dividend?
Saga Communications's ex-dividend date for the latest dividend was on 2024-09-25. Saga Communications typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Saga Communications dividend paid?
Saga Communications pays dividends on a quarterly basis, typically around March, May, October, November, or December, but the exact dates can vary each year.
Will Saga Communications increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Saga Communications will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Saga Communications dividend per share?
Saga Communications paid $1.35 per share in 2024 and $3.0 per share in 2023. The amount of dividend per share that Saga Communications pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Saga Communications a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Saga Communications a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Saga Communications a dividend stock?
Yes, Saga Communications is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Saga Communications a good dividend stock?
Whether Saga Communications is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Saga Communications has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Saga Communications as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Saga Communications pay dividends monthly?
Saga Communications typically pays dividends on a quarterly basis.
Does Saga Communications pay dividends quarterly?
Saga Communications currently pays dividends on a quarterly basis.
Has Saga Communications ever paid a dividend?
Yes, Saga Communications has a history of paying dividends to its shareholders. Saga Communications is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Saga Communications dividend stocks?
To buy Saga Communications you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Saga Communications stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Saga Communications pay dividends 2024?
Saga Communications pays dividends on a quarterly basis. 2024 dividend payments are in 2024-10-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Saga Communications increase its dividend in 2024?
Decisions regarding Saga Communications dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Saga Communications dividend overview you can look into the above table of dividend history.
How Saga Communications dividend works?
The Saga Communications dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Saga Communications's dividend process works:

1. Determination of Dividend: Saga Communications's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Saga Communications publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Saga Communications distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Saga Communications are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Saga Communications dividends paid?
Saga Communications dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Saga Communications sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Saga Communications distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Saga Communications declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Saga Communications pay dividends?
Saga Communications typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Saga Communications pay dividends?
The general pattern is that Saga Communications pays dividends around March, May, October, November, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Saga Communications dividend safe?
The safety of Saga Communications's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Saga Communications's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Saga Communications's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.