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Salem Media Group, Inc. Announces Quarterly Cash Distribution

May 14, 2019

CAMARILLO, Calif.--(BUSINESS WIRE)--May 14, 2019--

Salem Media Group, Inc. (Nasdaq: SALM) announced today that its Board of Directors has declared a cash distribution for the second quarter of 2019 in the amount of $0.065 per share. The cash distribution will be paid on June 28, 2019 to all Class A and Class B common stockholders of record as of June 14, 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. Learn more about Salem Media Group, Inc., at www.salemmedia.com, Facebook and Twitter (@SalemMediaGrp).

View source version on businesswire.com:https://www.businesswire.com/news/home/20190514006071/en/

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 OTHER ENTERTAINMENT GENERAL ENTERTAINMENT COMMUNICATIONS BOOKS PUBLISHING CONSUMER

SOURCE: Salem Media Group, Inc.

Copyright Business Wire 2019.

PUB: 05/14/2019 06:00 PM/DISC: 05/14/2019 06:00 PM

http://www.businesswire.com/news/home/20190514006071/en

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