Saga Communications is a holding company. Through its subsidiaries, Co, is a broadcast company primarily engaged in acquiring, developing and operating broadcast properties. Co. owns radio stations serving several markets, including Bellingham, WA; Columbus, OH; Norfolk, VA; Milwaukee, WI; Manchester, NH; and Des Moines, IA. The radio stations that Co. owns and/or operates employ a variety of programming formats, including Classic Hits, Adult Hits, Country, Classic Rock, and News/Talk. Co. is also engaged in the sale of advertising for broadcast on its stations. Depending on the format of a particular radio station, there are a predetermined number of advertisements broadcast each hour. The SGA stock yearly return is shown above.
The yearly return on the SGA stock yearly return page and across the coverage universe of our site,
is a measure of the annual return over the calendar year 2018 for the given stock.
When performing this calculation it is important to factor in dividends, because a financial instrument's annual return is
more than just the change in price if that instrument pays a dividend or coupon.
One way to factor dividends into the return is simply to count them as cash — we don't do
that here. Instead, our website aims to empower investors
by performing the SGA annual return calculation with any dividends reinvested as applicable (on ex-dates).
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