Saga Communications, Inc. declared a quarterly cash dividend of $0.25 per share on its Class A Common Stock. The payment is scheduled for October 16, 2026, to shareholders of record as of September 23, 2026. The aggregate payout amounts to approximately $1.6 million and will be funded by cash on the balance sheet. This marks continued regular quarterly distributions, bringing total dividends paid since a special dividend in 2012 to over $146 million. Saga Communications operates as a media company focused on acquiring, developing, and operating broadcast properties, including radio stations and digital services across multiple markets.

Saga Communications reported second quarter 2026 financial results showing net revenue decreased 6.5% to $26.4 million and diluted earnings per share were $0.15, compared to $28.2 million and $0.18 in the prior year period. For the six-month period ended June 30, 2026, net revenue fell 6.0% to $49.3 million while the company reported a net loss of $1.4 million with diluted loss per share of $0.23. The decline in profitability was impacted by $407 thousand in non-cash rent expense and $381 thousand in non-cash interest income related to the October 2025 sale of telecommunications towers for approximately $10.7 million. As of June 30, 2026, the company held $27.8 million in cash and short-term investments and repaid its entire $5.0 million revolving credit facility by August 10, 2026. Saga operates radio broadcast properties across 28 markets.