Dividend Roundup: Beasley, Salem Award Investors


It’s been a great month for investors of Beasley Broadcast Group, and they are being rewarded with a newly announced quarterly dividend.

At the same time, Salem Media Group announced a quarterly cash distribution to its shareholders.

Consider it a reward for sticking with the conservative and Christian-themed broadcaster’s stock through a bumpy 2016 that included a 52-week low in February and twin stabs at a 52-week high in late April and throughout July.

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Adam R Jacobson is a veteran radio industry journalist and advertising industry analyst with general, multicultural and Hispanic market expertise. From 1996 to 2006 he served as an editor at Radio & Records.