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Saga Communications (SGA) will increase its quarterly dividend by 20.0 percent from $0.25 to $0.30 quarterly in 2016. Last year the broadcasting company also paid a special dividend of $0.25 per share.

Saga Communications, Inc. is a broadcasting company whose business is devoted to acquiring, developing and operating broadcast properties. Saga owns or operates broadcast properties in multiple markets, including FM and AM radio stations and metro signals. The company's segments are Radio, Television, and Corporate and Other. Saga Communications became a public company in 1992 and has paid a dividend every year since 2014.