Salem Communications Corporation (SALM) Announces Quarterly Dividend of $0.05
Salem Communications Corporation (NASDAQ:SALM) declared a quarterly dividend on Monday, March 18th. Investors of record on Monday, March 25th will be given a dividend of $0.05 per share on Monday, April 1st. This represents a $0.20 dividend on an annualized basis and a yield of 2.95%.
Salem Communications Corporation (NASDAQ: SALM) opened at 8.27 on Monday. Salem Communications Corporation has a 52-week low of $4.06 and a 52-week high of $7.02. The stock’s 50-day moving average is currently $6.35. The company has a market cap of $203.1 million and a price-to-earnings ratio of 38.07.
Salem Communications Corporation (Salem) is a is a commercial radio broadcasting company in the United States, providing programming targeted at audiences interested in Christian and family-themed radio programming.
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