A diverter gate generally includes a bracket which connects to an actuator and a flag which releasably engages with the bracket via cooperating engagement members. The cooperating engagement members may be symmetrical, and may comprise one or more tabs and one or more corresponding receptacles. The tabs may be dimensioned slightly larger than the receptacles so as to create a positive interference fit. The bracket and the flag may include openings to receive a fastener extending substantially across the length of the gate. Tightening the fastener compresses the tab(s) against the receptacle(s) to result in a compression fit between the flag and the bracket. The two-piece design allows the flag to be easily removed and reversed or replaced, without disassembling or removing the bracket or the actuator.