SmarterDividends
SGA

Saga Communications, Inc.

SGA

Communication Services · Broadcasting · Stock · quarterly payer

$8.32

Undervalued · +71% Add to Portfolio

Forward Yield

11.99%

Annual Dividend

$1.00

Payout Ratio

2000%

5-Yr Growth

-4.8%

Ex-Date

Sep 23, 2026

Frequency

Quarterly

Key facts about SGA's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Saga Communications, Inc. (SGA) has a forward dividend yield of 11.99%, based on an annual dividend of $1.00 per share and a share price of $8.32.
  • As of Oct 18, 2026, SGA's dividend safety grade from SmarterDividends is C (60 out of 100), which rates the dividend as borderline.
  • SGA last cut its regular dividend in 2021.
  • SGA's most recent ex-dividend date was Sep 23, 2026, for a dividend of $0.25 per share.
  • SGA's dividend has shrunk at an average rate of 4.8% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for SGA is $14.21 per share, 71% above the $8.32 share price, so SGA screens as undervalued.
  • Saga Communications, Inc. (SGA) pays its dividend quarterly, 4 times a year.
  • Saga Communications, Inc. (SGA) has raised its regular dividend 6 times and cut it 3 times across the 50 payments on record since 2012. Its most recent change was a 88.9% cut to $0.250 per share, going ex-dividend on Mar 17, 2023.
Cite this page

SmarterDividends, "SGA Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/SGA

Summary

As of Oct 18, 2026, Saga Communications, Inc. (SGA) yields 11.99% ($1.00 a year per share) and has a dividend safety grade of C (60/100).

Is SGA a good dividend stock?

Yes, with caveats

Saga Communications, Inc. (SGA) pays a quarterly dividend yielding 11.99% ($1.00/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

Advantages

    Risks

    • Cut its dividend in 2021
    • Elevated payout ratio (2000%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years

    Key Data

    Dividend Yield
    11.99%
    Payout Ratio
    2000%
    Annual Dividend
    $1.00
    5-Yr Avg Growth
    -4.8%
    Ex-Dividend Date
    Sep 23, 2026
    Years of Growth
    0
    Frequency
    quarterly
    Beta
    -0.07
    Market Cap
    $52.9M
    P/E Ratio
    —
    5-Yr Total Return
    -65%
    52-Week Range
    $8.08 – $12.99
    Dividend Safety
    C · 60/100
    Ever Cut?
    Yes (2021)

    SGA dividend raises and cuts

    Saga Communications, Inc. (SGA) has raised its regular dividend 6 times and cut it 3 times across the 50 payments on record since 2012. Its most recent change was a 88.9% cut to $0.250 per share, going ex-dividend on Mar 17, 2023.

    Ex-dateChangeOld → newMove
    Mar 17, 2023Cut$2.25 → $0.250−88.9%
    Sep 30, 2022Raise$0.200 → $2.25+1025.0%
    Jun 10, 2022Raise$0.160 → $0.200+25.0%
    Jun 29, 2021Cut$0.320 → $0.160−50.0%
    Mar 13, 2020Raise$0.300 → $0.320+6.7%
    Sep 12, 2016Raise$0.250 → $0.300+20.0%
    Mar 23, 2016Raise$0.200 → $0.250+25.0%
    Jul 9, 2014Cut$1.80 → $0.200−88.9%
    Nov 27, 2013Raise$1.24 → $1.80+45.5%
    Every SGA payment →Download every raise and cut (CSV)
    SGA ex-dividend date & scheduleNext ex-date Sep 23, 2026 · full ex-dividend historyView →SGA dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is SGA a good dividend stock?

    Yes, with caveats. Saga Communications, Inc. (SGA) pays a quarterly dividend yielding 11.99% ($1.00/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.

    Is SGA undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, SGA's fair value is about $14.21 versus a $8.32 share price — so it looks undervalued (+71% vs. fair value).

    Is SGA's dividend safe?

    SGA has a dividend-safety grade of C (60/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2021, debt and yield-versus-history.

    What is SGA's fair value?

    Our blended fair-value estimate for SGA is about $14.21 per share, roughly 71% above the current $8.32 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is SGA a buy, hold, or sell?

    We don't issue formal ratings, but on the data SGA screens as "yes, with caveats" and undervalued. Saga Communications, Inc. (SGA) pays a quarterly dividend yielding 11.99% ($1.00/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying. This is research for your own analysis, not investment advice.

    Will SGA cut its dividend?

    SGA earns a dividend-safety grade of C (60/100), and has cut its dividend before (last in 2021). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does SGA pay a dividend?

    Yes. Saga Communications, Inc. pays a quarterly dividend of about $1.00 per share annually, a forward yield of roughly 11.99%.

    What is SGA's dividend yield?

    As of Oct 18, 2026, SGA's forward dividend yield is 11.99%, based on a $1.00 annual dividend and a $8.32 share price.

    What is SGA's dividend per share?

    As of Oct 18, 2026, SGA pays $1.00 per share per year, distributed on a quarterly basis.

    What is SGA's dividend payout ratio?

    As of Oct 18, 2026, SGA's payout ratio is 2000% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has SGA grown its dividend?

    SGA does not currently have a long dividend-growth streak on record.

    When is the next SGA ex-dividend date?

    As of Oct 18, 2026, SGA's next ex-dividend date hasn't been announced. The most recent was Sep 23, 2026, for $0.25 per share.

    Income Calculator

    At $1.00 / yr per share

    Per payment (quarterly)$25.00
    Annual$100.00
    Monthly avg$8.33

    Similar Dividend Stocks

    GOOGLGOOGLAlphabet Inc.0.26%Communication ServicesGOOGGOOGAlphabet Inc.0.26%Communication ServicesMETAMETAMeta Platforms, Inc.0.30%Communication ServicesDISDISThe Walt Disney Company1.36%Communication Services

    Compare SGA

    SGA vs GOOGLSGA vs GOOGSGA vs METASGA vs DIS

    Explore more

    Lists and tools related to SGA