Saga Communications (NASDAQ:SGA) declares $0.25/share quarterly dividend, 25% increase from prior dividend of $0.20.Company also declared a special dividend of $2 per share.Forward yield…
GROSSE POINTE FARMS, Mich., Sept. 20, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company”, “Saga” or “our”) today announced that its Board of Directors declared an increased quarterly cash dividend of $0.25 per share and a special cash dividend of $2.00 per share. The dividend will be paid on October 21, 2022, to shareholders of record on October 3, 2022. The aggregate amount of the payment to be made in connection with the quarterly and special dividends will be approximately $13.6 million. The quarterly and special cash dividends will be funded by cash on the Company’s balance sheet. Including this dividend, the Company will have paid over $93.0 million in dividends to shareholders since the first special dividend was paid in 2012.
After the CEO''s passing, current super-voting shares at Saga Communications have reverted to normal Class A shares. Read more about SGA stock here.
On a trading day when nearly everything was in the red at the Closing Bell, Saga Communications shares soared in heavy trading. The gains came following the announcement that the radio industry pure-play''s founder had died on Friday, and a succession plan is in place.
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Saga Communications (SGA) announces passing of our founder, Chairman, President and CEO, Ed Christian
Saga Communications press release (SGA): Q2 GAAP EPS of $0.63.Revenue of $29.82M (+6.3% Y/Y).
GROSSE POINTE FARMS, Mich., Aug. 05, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) reported today that net revenue increased 6.3% to $29.8 million for the quarter ended June 30, 2022 compared to $28.0 million for the same period last year. Station operating expense increased 3.7% for the quarter to $21.8 million compared to the same period last year. For the quarter, station operating income increased 10.6% to $9.3 million and operating income was $5.4 million compared to $4.6 million for the same quarter last year. Free cash flow was $3.2 million for the quarter compared to $4.2 million for the same period last year. Capital expenditures for the quarter were $2.6 million compared to $921 thousand for the same period last year. Capital expenditures for the quarter included the $1.1 million purchase of a building in Norfolk, VA that will replace our existing leased studio and office facility. Net income was $3.8 million for the quarter compared to $3.3 million for the second quarter last year.
Saga Communications (NASDAQ:SGA) declares $0.20/share quarterly dividend, 25% increase from prior dividend of $0.16.Forward yield 3.52%Payable July 1; for shareholders of record June 13;…
GROSSE POINTE FARMS, Mich., June 02, 2022 (GLOBE NEWSWIRE) -- Saga Communications, Inc. (Nasdaq - SGA) (the “Company”, “Saga” or “our”) today announced that its Board of Directors declared a quarterly cash dividend of $0.20 per share. This is an increase from the previous quarterly dividend of $0.16 per share. The dividend will be paid on July 1, 2022, to shareholders of record on June 13, 2022. The aggregate amount of the payment to be made in connection with the quarterly dividend will be approximately $1.2 million. The quarterly cash dividend will be funded by cash on the Company’s balance sheet. Including this dividend, the Company will have paid over $79 million in dividends to shareholders since the first special dividend was paid in 2012.
Saga Communications press release (SGA): Q1 GAAP EPS of $0.20.Revenue of $24.97M (+12.0% Y/Y).The company’s balance sheet reflects $55.2 million in cash on hand as of March 31, 2022…
Saga Communications is adding to its stable by making a deal that will give it a Class D 10kw daytimer and its FM translator. The facilities serve an area north of Springfield, Mass., where the radio industry pure-play already enjoys a formidable presence.
According to an amended statement of ownership filed Monday with the SEC, the sixth-largest institutional investor in radio industry pure-play Saga Communications has lowered its attributable interest in the company. Based on reported share totals as of March 30, this puts this investment management house out of the top 10 of Saga''s dollar injectors.
GROSSE POINTE FARMS, Mich., June 21, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) (the "Company", "Saga" or "our") today announced that its Board of Directors declared a quarterly cash dividend of $0.16 per share. The dividend will be paid on July 16, 2021, to
Saga Communications (NASDAQ: SGA) shares soared 29.88% to end trading Tuesday at $27.43 per share - a net change of $6.31. Shares traded between $28.58 and $20.91 throughout the day. Shares hit a new 52-week high today 89620 shares of Saga Communications exchanged hands. Visit Saga Communicationss profile for more information. About The Nasdaq Stock Market The Nasdaq Stock Market is a global leader in trading data and services, and equities and options listing. Nasdaq is the world\''s leading exchange for options volume and is home to the five largest US companies - Apple, Microsoft, Amazon, Alphabet and Facebook. To get more information on Saga Communications and to follow the companys latest updates, you can visit the companys profile page here: Saga Communicationss Profile . For more news on the financial markets be sure to visit Equities News . Also, dont forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week. Sources: Chart is provided by TradingView based on 15-minute-delayed prices.
Saga Communications shares enjoyed an unprecedented surge in value in the final 30 minutes of trading on Tuesday. The result? A 30% day-to-day increase in value for the pure-play radio company. What could have ignited the leap? Very low net leverage could be one reason.
I enjoyed listening to Bob Flaherty on WHMP. His show was a resource for local happenings, nonprofit fundraisers, political discussions and so much more. Bob will be missed and I hope SAGA Communications consider replacing him as we need a local resource.Roisin QuinnNorthampton
Saga Communications, Inc. - Class A (SGA) shares closed today 29.9% higher than it did at the end of yesterday. The stock is currently down 12.1% year-to-date, down 23.7% over the past 12 months, and down 46.9% over the past five years. Today, the Dow Jones Industrial Average fell 1.4%, and the S&P 500 fell 0.9%. Trading Activity Shares traded as high as $28.58 and as low as $20.05 this week.Shares closed 3% below its 52-week high and 7e+1% above its 52-week low.Trading volume this week was 48.0% lower than the 10-day average and 53.9% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.8. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Communication Services industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -125.7% The company's stock price performance over the past 12 months lags the peer average by -130.6% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
Saga Communications Inc. Class A shares closed today 13.4% higher than it did at the end of yesterday. The stock is currently up 14.5% year-to-date, down 0.4% over the past 12 months, and down 19.4% over the past five years. Today, the Dow Jones Industrial Average rose 0.5%, and the S&P 500 rose 0.6%. Trading Activity Shares traded as high as $27.50 and as low as $22.56 this week.Shares closed 1e+1% below its 52-week high and 7e+1% above its 52-week low.Trading volume this week was 30.4% lower than the 10-day average and 36.1% lower than the 30-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 1.4. Technical Indicators The Relative Strength Index (RSI) on the stock was above 70, indicating it may be overbought.MACD, a trend-following momentum indicator, indicates an upward trend.The stock closed below its Bollinger band, indicating it may be oversold. Market Comparative Performance The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Communication Services industry sector today, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's stock price performance year-to-date lags the peer average by -83.9% The company's stock price performance over the past 12 months lags the peer average by -100.4% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
GROSSE POINTE FARMS, Mich., March 12, 2021 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that fourth quarter and year end 2020 revenue and the related net income continue to be impacted by the COVID-19 pandemic. Net Revenue was $28.8 million for the fourth…
Saga Communications Inc. Class A shares closed the week 12.6% higher than it did at the end of last week. The stock is currently down 17.5% year-to-date, down 17.9% over the past 12 months, and down 31.3% over the past five years. This week, the Dow Jones Industrial Average rose 1.0%, and the S&P 500 rose 1.5%. Trading Activity Shares traded as high as $24.91 and as low as $22.35 this week. Shares closed 3e+1% below its 52-week high and 4e+1% above its 52-week low. Trading volume this week was 75.1% lower than the 10-day average and 60.4% lower than the 30-day average. Beta, a measure of the stocks volatility relative to the overall market stands at 1.2. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70. MACD, a trend-following momentum indicator, indicates an upward trend. The stock closed below its Bollinger band, indicating it may be oversold. The stock closed at 1.9% lower than its 5-day moving average, 3.0% higher than its 20-day moving average, and 8.5% higher than its 90-day moving average. Market Comparative Performance The company's share price beats the S&P 500 Index this week, lags it on a 1-year basis, and lags it on a 5-year basis The company's share price beats the Dow Jones Industrial Average this week, lags it on a 1-year basis, and lags it on a 5-year basis The company share price beats the performance of its peers in the Communication Services industry sector this week, lags it on a 1-year basis, and lags it on a 5 year basis Per Group Comparative Performance The company's price-earnings ratio lags its average peer by 84820.4% The company's performance over the last 1 year beats its average peer by -49.8% This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2020 Kwhen Inc.
A Form 4 filing filed with the SEC on Wednesday, November 18 showed that Lada Warren S sold 550 shares of Saga Communications Inc …
Saga Communications announce their quarterly, annual earnings. See the latest EPS estimates. Listen to the conference call and remind yourself by…
GROSSE POINTE FARMS, Mich., Nov. 4, 2020 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq - SGA) reported today that third quarter revenue and related net income continue to be materially impacted by disruptions to businesses and service providers activities due to the COVID-19 pandemic….
GROSSE POINTE FARMS, Mich., April 15, 2020 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq: SGA) announced today that it will release its 1st Quarter 2020 results at 9:00 a.m. EDT on Wednesday, May 6, 2020. The company will be holding a conference call on the same date at 11:00 a.m. EDT….
Today, a Director at Saga Communications (SGA), Warren Lada, sold shares of SGA for $29.67K. See today’s analyst top recommended stocks >> Based on
Saga Communications, Inc. 3rdQuarter 2019 Earnings Conference Call November 7, 2019 11:00 am ET OPERATOR: Good… | November 8, 2019
GROSSE POINTE FARMS, Mich., Nov. 7, 2019 /PRNewswire/ -- Saga Communications, Inc. (Nasdaq: SGA) today reported net revenue of $31.3 million for the quarter compared to $31.7 million for the same quarter last year. Gross Revenue was flat with last year for the quarter net of $96 thousand…
Saga Communications, Inc. (NASDAQ:SGA) Q1 2019 Earnings Conference Call May 10, 2019, 11:00 AM ET Company Participants Edward Christian - President, CEO & C