Saga Communications

Dividends on Saga Communications (SGA) stocks are a part of the profit that shareholders receive from the company. In order to pay dividends to shareholders and investors, the company must receive a net profit, for further distriburing among shareholders or have free cash flow.

Besides, in order to pay you dividends, it is necessary that the Board of Directors recommends dividends and the closing date of the register. Then at the shareholders' meeting the amount of Saga Communications dividends and the date is approved by shareholders.

For receiving Saga Communications’s dividends it’s necessary to buy the stocks of the company (SGA) no more than 2 days before the closing of the register on 03.06.2024, since stock exchange trading takes place in the T+2 mode. Thus, the last date when you need to buy stocks to receive Saga Communications dividends will be 01.06.2024

For dividends you can track the date of the last day for purchasing Saga Communications stocks (SGA) in Dividend Calendar.

To receive Saga Communications (SGA) dividends, you must own stocks on the date of preparing the list of persons entitled to receive dividend or the so-called register date.

The register is a list of Saga Communications shareholders (SGA) with information on the number of stocks owned by the investor. Due to the fact that someone is constantly buying and selling company’s stocks on the stock exchange, it is necessary to fix the date of the register.

The closing date of the register for Saga Communications (SGA) dividends was set for 03.06.2024.

Due to the T+2 trading mode, for receiving Saga Communications’s dividends you must buy the stocks within at least two working days before the date, so that the last day to buy Saga Communications stocks is to be 01.06.2024.

See the event caledar and the dividend calendar, as well as upcoming Saga Communications events in order not to miss the dividends.

As a rule, investors receive dividends to a brokerage or bank account within the next 25 working days after the record date – 03.06.2024 at latest! Thus, Saga Communications’s dividends should arrive no later than 0.25sDate.

Remember that after the cut-off date, Saga Communications’s stocks usually decrease by the amount of the dividend paid per share. When the company is doing well and the market is positive, Saga Communications’s dividend gap may be less than the dividend.

By the law, Saga Communications is obliged to pay within the next 25 working days from the date of the 03.06.2024. Thus, the deadline for dividend payment on Saga Communications stocks can be considered as 0.25sDate, but the company usually pays earlier than 25 working days.

For receiving Saga Communications’s dividends, it is enough to buy or to own 1 share. If you buy 100 Saga Communications’s stocks, you will receive dividends in the amount of 25 $ for it. Last time, the board of directors recommended to pay 0.25 $ per share.

According to the last recommendations of Saga Communications’s board of directors, you will receive 0.25 $ as dividend payment.

The history of Saga Communications’s dividend payment is reflected in the Saga Communications’s card in the tab Dividends.

The dividend yield of Saga Communications’s stocks is the ratio of the dividend amount per share to the current market price, and is expressed as a percentage. Thus, the recommended dividend is 0.25 $, that means that your current dividend yield on Saga Communications’s stocks is 1.29%.

It is important to remember that a high dividend yield is not a reason to buy Saga Communications stocks! Therefore, before making an investment decision, we recommend to analyze the dynamics of financial indicators and Saga Communications’s multipliers. You should also compare rivals, as you may find a much more profitable investment idea.

Lately Saga Communications has been paying dividends 5 time a year. See the history of Saga Communications’s dividends in order to check and verify the frequency of dividend payments as Saga Communications’s dividend policy may change or the company may pay special dividends. The more often a company pays dividends, the more stable the investor's cash flow is.

All information and dividend data for Saga Communications stocks you may see on a given page above.