Salem Media Group, Inc. / Dividends

Declaration date	Ex date	Record date	Payment date	Amount
July 13, 2006	July 14, 2006	July 17, 2006	July 28, 2006	$0.60
August 16, 2007	August 17, 2007	August 20, 2007	August 23, 2007	$0.42
December 2, 2010	December 3, 2010	December 6, 2010	December 13, 2010	$0.20
March 21, 2012	March 22, 2012	March 23, 2012	March 30, 2012	$0.035
June 13, 2012	June 14, 2012	June 15, 2012	June 29, 2012	$0.035
September 12, 2012	September 13, 2012	September 14, 2012	September 28, 2012	$0.035
December 12, 2012	December 13, 2012	December 14, 2012	December 28, 2012	$0.035
March 21, 2013	March 22, 2013	March 25, 2013	April 1, 2013	$0.05
June 12, 2013	June 13, 2013	June 14, 2013	June 28, 2013	$0.05
September 24, 2013	September 25, 2013	September 26, 2013	October 4, 2013	$0.0525
December 6, 2013	December 9, 2013	December 10, 2013	December 27, 2013	$0.055
March 13, 2014	March 14, 2014	March 17, 2014	March 31, 2014	$0.0575
June 12, 2014	June 13, 2014	June 16, 2014	June 30, 2014	$0.06
September 12, 2014	September 15, 2014	September 16, 2014	September 30, 2014	$0.0625
December 11, 2014	December 12, 2014	December 15, 2014	December 29, 2014	$0.065
March 13, 2015	March 16, 2015	March 17, 2015	March 31, 2015	$0.065
June 12, 2015	June 15, 2015	June 16, 2015	June 30, 2015	$0.065
September 14, 2015	September 15, 2015	September 16, 2015	September 30, 2015	$0.065
December 11, 2015	December 14, 2015	December 15, 2015	December 29, 2015	$0.065
March 18, 2016	March 21, 2016	March 22, 2016	April 5, 2016	$0.065
June 14, 2016	June 15, 2016	June 16, 2016	June 30, 2016	$0.065
September 15, 2016	September 16, 2016	September 19, 2016	September 30, 2016	$0.065
December 15, 2016	December 16, 2016	December 19, 2016	December 30, 2016	$0.065
March 16, 2017	March 17, 2017	March 20, 2017	March 31, 2017	$0.065
June 14, 2017	June 15, 2017	June 16, 2017	June 30, 2017	$0.065
September 21, 2017	September 21, 2017	September 22, 2017	September 29, 2017	$0.065
December 15, 2017	December 15, 2017	December 18, 2017	December 29, 2017	$0.065
March 13, 2018	March 13, 2018	March 14, 2018	March 28, 2018	$0.065
June 14, 2018	June 14, 2018	June 15, 2018	June 29, 2018	$0.065
September 14, 2018	September 14, 2018	September 17, 2018	September 28, 2018	$0.065
December 6, 2018	December 6, 2018	December 7, 2018	December 21, 2018	$0.065
March 18, 2019	March 18, 2019	March 19, 2019	March 29, 2019	$0.065
June 13, 2019	June 13, 2019	June 14, 2019	June 28, 2019	$0.065
September 20, 2019	September 20, 2019	September 23, 2019	September 30, 2019	$0.065
December 20, 2019	December 20, 2019	December 23, 2019	December 30, 2019	$0.025
March 23, 2020	March 23, 2020	March 24, 2020	March 31, 2020	$0.025