Beasley Broadcasting Group Inc
BBGIBeasley Broadcast Group Inc (BBGI) is a media company that owns and operates radio stations across various markets in the United States. Established in 1961, the company focuses on local radio broadcasting, delivering a mix of music, news, and entertainment content. Beasley Broadcast Group aims to serve diverse audiences through its portfolio of stations, generating revenue primarily through advertising and sponsorships.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| April 7, 2020 | $0.05 | 2020-03-30 | 2020-03-31 |
| January 10, 2020 | $0.05 | 2019-12-30 | 2019-12-31 |
| October 7, 2019 | $0.05 | 2019-09-27 | 2019-09-30 |
| July 5, 2019 | $0.05 | 2019-06-27 | 2019-06-28 |
| April 5, 2019 | $0.05 | 2019-03-28 | 2019-03-29 |
Dividends Summary
- Consistent Payer: Beasley Broadcasting Group Inc has rewarded shareholders with 39 dividend payments over the past 14 years.
- Total Returned Value: Investors who held BBGI shares during this period received a total of $2.04 per share in dividend income.
- Latest Payout: The most recent dividend of $0.05/share was paid 2293 days ago, on April 7, 2020.
- Yield & Schedule: BBGI currently pays dividends quarterly with an annual yield of 0.90%.
- Dividend Growth: Since 2006, the dividend payout has decreased by 20.0%, from $0.06 to $0.05.
- Dividend Reliability: BBGI has maintained or increased its dividend for 26 consecutive payments.
Company News
Beasley Broadcast Group reported Q1 2026 results showing total revenue of $46.2 million, down 13% year-over-year, with Station Operating Income of $418,000 versus $3.7 million in the prior year. The company is undergoing a turnaround focused on digital growth (up 18% YoY), cost reduction, and balance sheet strengthening through a significant debt...
Beasley Broadcast Group reported Q4 2025 results showing significant challenges with net revenue declining to $205.9 million from $240 million, driven by weakness in Agency-driven Audio and a $13.6 million decline in Political Advertising. The company executed a comprehensive restructuring including $30 million in annualized cost reductions and a...
Beasley Broadcast Group (BBGI) shares declined on Friday despite positive broader market conditions and strong earnings adjustments. The company reported a significant quarterly loss but showed improved adjusted EBITDA and announced plans to reduce debt by approximately 50% through recent asset sales. Technical analysis indicates overbought condi...
Beasley Broadcast Group, a multi-platform media company, will report its 2024 third quarter financial results and host a conference call and webcast on November 5, 2024.
Beasley Broadcast Group announced a series of offers and solicitations related to its existing notes, including an exchange offer, a new notes offer, and a tender offer. The company aims to improve its balance sheet and provide value to debt and equity holders.
