Saga Communications(NYSEMKT:SGA) Declares Dividend of $0.3000.

Saga Communications (NYSEMKT:SGA) had declared a cash dividend of $0.3000 on Sep 16, 2016. The shares will quote ex-dividend on Sep 12, 2016 and the record date has been fixed for Sep 14, 2016. On Sep 16, 2016 share price, the yield comes out to be 2.9197%. The dividend payable date has been fixed on Sep 30, 2016.

Saga Communications (SGA) made into the market gainers list on Thursdays trading session with the shares advancing 3.67% or 1.55 points. Due to strong positive momentum, the stock ended at $43.78, which is also near the day’s high of $43.92. The stock began the session at $42.5 and the volume stood at 3,797 shares. The 52-week high of the shares is $48.085 and the 52 week low is $33.53. The company has a current market capitalization of $257 M and it has 58,60,227 shares in outstanding.

Saga Communications(SGA) last announced its earnings results on Aug 4, 2016 for Fiscal Year 2016 and Q2.Earnings per share were $0.83.

Several Insider Transactions has been reported to the SEC. On Aug 28, 2015, Timothy J. Clarke (director) purchased 277 shares at $35.80 per share price.

Saga Communications Inc. is a broadcast company primarily engaged in acquiring developing and operating broadcast properties. The Company owns and/or operates approximately four television stations and five low-power television stations serving two markets one radio information network and 62 FM and 30 AM radio stations serving 23 markets including Bellingham Washington; Columbus Ohio; Norfolk Virginia; Milwaukee Wisconsin; Manchester New Hampshire; Des Moines Iowa and Joplin Missouri. The Company operates in two segments: Radio and Television. The Radio segment includes 23 markets which includes all 92 of its radio stations and one radio information network. The Television segment includes two markets and consists of four television stations and five low power television (LPTV) stations.

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