|Bid||0.0000 x 1300|
|Ask||0.0000 x 900|
|Day's Range||1.3500 - 1.3716|
|52 Week Range||1.3100 - 3.2600|
|Beta (5Y Monthly)||1.64|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.22 (15.83%)|
|Ex-Dividend Date||Dec 19, 2019|
|1y Target Est||N/A|
GREEN BAY, Wis., Aug. 15, 2019 /PRNewswire/ -- Relevant Radio® has entered into an agreement with Salem Media Group (SALM) to purchase nine AM stations and four FM translators in eight markets. Salem Media Group has agreed to sell stations to Relevant Radio in Boston, Atlanta, Houston, Dallas, San Antonio, St. Louis, Denver, and Youngstown for $8,732,125. In total, Relevant Radio is purchasing 14 AM stations and 7 FM translators from Salem for $17,700,000.
Salem Media Group, Inc. , today announced that Atlanta VP/General Manager Mike Moran is retiring effective the end of July. In addition to his role in Atlanta, Mike serves as a Regional VP for the company’s Cleveland, OH; Miami, FL; Orlando, FL; and Tampa, FL markets.
Salem Media Group, Inc. (SALM), announced today it will be expanding its recently-launched digital advertising agency, Salem Surround, with the addition of two new Regional Digital Sales Directors. Andy Massingill will serve as the Regional Digital Sales Director for the West Region and Jon Latzer will serve in the same role for the East Region. Salem Surround offers a comprehensive suite of digital marketing services to develop and execute audience-based marketing strategies for clients on both local and national levels.
TALKERS Magazine released their 2019 “Heavy Hundred” list of the 100 most important radio talk show hosts in America and Salem Media Group, Inc. personalities overwhelmingly dominate the list, with host Mike Gallagher in the top ten and SRN’s newest nationally syndicated host, Sebastian Gorka, debuting on the list in the top 30.
Salem Media Group, Inc., (SALM) today announced it is expanding to include the world of TV with a deal to air Salem Radio Network’s nationally-syndicated radio program The Eric Metaxas Radio Show as a program adapted for television on the Trinity Broadcasting Network. The television show will be a half-hour best-of program that will air Fridays at 6:00 p.m. ET beginning May 17 and will be repeated every Sunday at 10:30 p.m. ET.
Salem Media Group, Inc. announced today that it will present at the 20th Annual B. Riley FBR Institutional Conference Wednesday, May 22nd at the Beverly Hilton Hotel in Beverly Hills, CA.
Salem Media Group, Inc., (SALM) today announced it is expanding to include the world of TV with a deal to air Salem Radio Network’s nationally-syndicated radio program The Eric Metaxas Radio Show as a program adapted for television on the Trinity Broadcasting Network. The deal is unprecedented for both TBN and Salem. “TBN has proven to be a great partner in this unique venture,” said Salem Broadcast President Dave Santrella.
Salem Media Group, Inc. 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.