SiriusXM Declares Quarterly Cash Dividend

Rhea-AI Summary

Sirius XM Holdings Inc. (NASDAQ: SIRI) announced a quarterly cash dividend of $0.0242 per share, set for payment on February 24, 2023. Stockholders on record as of the close of business on February 9, 2023 will receive this dividend. SiriusXM is North America's leading audio entertainment company, offering diverse content across music, talk, news, and sports to approximately 150 million listeners monthly. This dividend declaration reflects the company's commitment to returning value to shareholders.

Positive

• Quarterly cash dividend of $0.0242 per share announced.
• Dividend payment demonstrates company commitment to shareholder value.
• Reaching a monthly audience of approximately 150 million listeners.

Negative

• None.

NEW YORK, Jan. 25, 2023 /PRNewswire/ -- Sirius XM Holdings Inc. (NASDAQ: SIRI) today announced that its Board of Directors declared a quarterly cash dividend of $0.0242 per share of common stock, payable in cash on February 24, 2023, to stockholders of record at the close of business on February 9, 2023.

About SiriusXM

SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. Reaching a combined monthly audience of approximately 150 million listeners, SiriusXM offers a broad range of content for listeners everywhere they tune in with a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports. For more about SiriusXM, please go to: www.siriusxm.com.  

Source: SiriusXM

Investor contacts:  
Hooper Stevens  
212-901-6718  
hooper.stevens@siriusxm.com

Natalie Candela  
212-901-6672  
natalie.candela@siriusxm.com

 

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SOURCE Sirius XM Holdings Inc.

FAQ

What is the dividend amount declared by SiriusXM in January 2023?

SiriusXM declared a dividend of $0.0242 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on February 24, 2023.

What is the record date for the SiriusXM dividend?

The record date for the dividend is February 9, 2023.

Why is the dividend important for SiriusXM shareholders?

The dividend is a way to return value to shareholders and reflects the company's financial health.