Key Developments: Saga Communications Inc (SGA)

SGA on American Stock Exchange

45.50USD
17 Apr 2014
Price Change (% chg)

$0.16 (+0.35%)
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Latest Key Developments (Source: Significant Developments)

Saga Communications Inc Declares Special Cash Dividend
Thursday, 21 Nov 2013 12:02pm EST 

Saga Communications Inc announced that its Board of Directors has declared a special cash dividend of $1.80 per share on its Classes A and B Common Stock to be paid on December 12, 2013 to shareholders of record on December 2, 2013. The aggregate amount of the payment to be made in connection with the special dividend will be approximately $10.3 million. This special cash dividend will be funded by cash on the Company's balance sheet.  Full Article

Saga Communications Inc Issues Q3 2013 Revenue Guidance In Line With Analysts' Estimates
Monday, 16 Sep 2013 01:28pm EDT 

Saga Communications Inc announced that it anticipates gross revenues for the third quarter of 2013 to be flat to up 2.0% in comparison to the corresponding period last year. The Company Reported a revenues of $32.41 million in the third quarter of 2012. According to I/B/E/S estimates, analysts were expecting the Company to report revenues of $32.52 million for the third quarter of 2013.  Full Article

Saga Communications Inc Declares Special Cash Dividend
Tuesday, 2 Oct 2012 01:07pm EDT 

Saga Communications Inc announced that its Board of Directors has declared a special cash dividend of $1.65 per share on its Classes A and B Common Stock to be paid on December 3, 2012 to shareholders of record on November 15, 2012. The aggregate amount of the payment to be made in connection with the special, dividend will be approximately $7.0 million.  Full Article

Saga refinances 1.4 billion pounds debt prior to possible listing

LONDON - Acromas-owned Saga, the over-50s consumer and financial services business, is undertaking a 1.4 billion pound ($2.34 billion) refinancing to get its debt in better shape to pave the way for a possible listing, banking sources said.

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