AP NEWS
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.
PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Salem Media Group Announces Quarterly Cash Distribution

March 7, 2019

CAMARILLO, Calif.--(BUSINESS WIRE)--Mar 7, 2019--Salem Media Group, Inc. (Nasdaq: SALM) announced today that its Board of Directors has declared a cash distribution for the first quarter of 2019 in the amount of $0.065 per share. The cash distribution will be paid on March 29, 2019 to all Class A and Class B common stockholders of record as of March 19, 2019.

Follow us on Twitter @SalemMediaGrp.

ABOUT SALEM MEDIA GROUP:

Salem Media Group is America’s leading multimedia company specializing in Christian and conservative content, with media properties comprising radio, digital media and book and newsletter publishing. Each day Salem serves a loyal and dedicated audience of listeners and readers numbering in the millions nationally. With its unique programming focus, Salem provides compelling content, fresh commentary and relevant information from some of the most respected figures across the Christian and conservative media landscape.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190307005566/en/

CONTACT: Company Contact:

Evan D. Masyr

Executive Vice President & Chief Financial Officer

(805) 384-4512

evan@SalemMedia.com

KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA

INDUSTRY KEYWORD: RELIGION ENTERTAINMENT TV AND RADIO BOOKS CONSUMER

SOURCE: Salem Media Group, Inc.

Copyright Business Wire 2019.

PUB: 03/07/2019 12:03 PM/DISC: 03/07/2019 12:03 PM

http://www.businesswire.com/news/home/20190307005566/en