Salem Media Group, Inc. operates as a multimedia company in the United States. It operates through three segments: Broadcast, Digital Media, and Publishing. The company owns and operates 32 FM radio stations and 69 AM radio stations; offers programs on the Family Talk Christian-themed talk format station on SiriusXM Channel 131; provides programming to Christian and family-themed talk stations, music stations, and news talk stations; places advertising on Christian and talk formatted radio stations, and other commercial radio station formats; and operates Salem Podcast Network, a platform for conservative, political, news, and family-oriented podcasts. It also provides Christian, conservative, investing content, e-commerce, audio and video streaming, and other resources digitally through BibleStudyTools.com, Crosswalk.com, GodVine.com, iBelieve.com, GodTube.com, OnePlace.com, Christianity.com, GodUpdates.com, CrossCards.com, ChristianHeadlines.com, LightSource.com, AllCreated.com, ChristianRadio.com, CCMmagazine.com, SingingNews.com, and SouthernGospel.com; and Townhall.com, HotAir.com, Twitchy.com, RedState.com, BearingArms.com, ConservativeRadio.com, and pjmedia.com, as well as mobile applications. In addition, the company publishes digital newsletters that provide market analysis and non-individualized investment strategies; and operates SermonSearch.com, ChurchStaffing.com, WorshipHouseMedia.com, SermonSpice.com, WorshipHouseKids.com, Preaching.com, ChristianJobs.com, ShiftWorship.com, JourneyBoxMedia.com, Playblackmedia.com, and HyperPixelsMedia.com. Further, it offers publication of conservative, Christian, and history books; Xulon Press, a print-on-demand self-publishing service; and Mill City Press that publishes books, as well as provides digital marketing service. The company was formerly known as Salem Communications Corporation and changed its name to Salem Media Group, Inc. in February 2015. The company was founded in 1974 and is based in Irving, Texas.
Salem Media Dividend Announcement
• Salem Media announced a quarterly dividend of $0.03 per ordinary share which will be made payable on 2020-03-31. Ex dividend date: 2020-03-23
• Salem Media's trailing twelve-month (TTM) dividend yield is -%
Salem Media Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2020-03-23 | $0.03 | quarterly | 2020-03-31 |
2019-12-20 | $0.03 | quarterly | 2019-12-30 |
2019-09-20 | $0.07 | quarterly | 2019-09-30 |
2019-06-13 | $0.07 | quarterly | 2019-06-28 |
2019-03-18 | $0.07 | quarterly | 2019-03-29 |
2018-12-06 | $0.07 | quarterly | 2018-12-21 |
2018-09-14 | $0.07 | quarterly | 2018-09-28 |
2018-06-14 | $0.07 | quarterly | 2018-06-29 |
2018-03-13 | $0.07 | quarterly | 2018-03-28 |
2017-12-15 | $0.07 | quarterly | 2017-12-29 |
2017-09-21 | $0.07 | quarterly | 2017-09-29 |
2017-06-14 | $0.07 | quarterly | 2017-06-30 |
2017-03-16 | $0.07 | quarterly | 2017-03-31 |
2016-12-15 | $0.07 | quarterly | 2016-12-30 |
2016-09-15 | $0.07 | quarterly | 2016-09-30 |
2016-06-14 | $0.07 | quarterly | 2016-06-30 |
2016-03-18 | $0.07 | quarterly | 2016-04-05 |
2015-12-11 | $0.07 | quarterly | 2015-12-29 |
2015-09-14 | $0.07 | quarterly | 2015-09-30 |
2015-06-12 | $0.07 | quarterly | 2015-06-30 |
2015-03-13 | $0.07 | quarterly | 2015-03-31 |
2014-12-11 | $0.07 | quarterly | 2014-12-29 |
2014-09-12 | $0.06 | quarterly | 2014-09-30 |
2014-06-12 | $0.06 | quarterly | 2014-06-30 |
2014-03-13 | $0.06 | quarterly | 2014-03-31 |
2013-12-06 | $0.06 | quarterly | 2013-12-27 |
2013-09-24 | $0.05 | quarterly | 2013-10-04 |
2013-06-12 | $0.05 | quarterly | 2013-06-28 |
2013-03-21 | $0.05 | quarterly | 2013-04-01 |
2012-12-12 | $0.04 | quarterly | 2012-12-28 |
2012-09-12 | $0.04 | quarterly | 2012-09-28 |
2012-06-13 | $0.04 | quarterly | 2012-06-29 |
2012-03-21 | $0.04 | quarterly | 2012-03-30 |
2010-12-02 | $0.20 | quarterly | 2010-12-13 |
2007-08-16 | $0.42 | quarterly | 2007-08-23 |
2006-07-13 | $0.60 | quarterly | 2006-07-28 |
Salem Media Dividend per year
Salem Media Dividend growth
Salem Media Dividend Yield
Salem Media current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Salem Media stock? Use our calculator to estimate your expected dividend yield:
Salem Media Financial Ratios
Salem Media Dividend FAQ
Other factors to consider when evaluating Salem Media 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.
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1. Determination of Dividend: Salem Media'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, Salem Media 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, Salem Media 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 Salem Media 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.
1. Record Date: Salem Media 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, Salem Media distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Salem Media 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.
To assess the safety of Salem Media'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 Salem Media'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.