SiriusXM Increases Quarterly Cash Dividend by 10%

Rhea-AI Summary

SiriusXM announces a 10% increase in quarterly cash dividend for its common stock.

Positive

• SiriusXM has declared a quarterly cash dividend of $0.0266 per share, reflecting a 10% increase over the previous quarter's dividend.

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• None.

NEW YORK, Oct. 25, 2023 /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) today announced that its Board of Directors declared a quarterly cash dividend of $0.0266 per share of common stock, reflecting an increase of approximately 10% over the previous quarter's dividend. This regular quarterly dividend is payable in cash on November 29, 2023, to stockholders of record at the close of business on November 7, 2023.

About Sirius XM Holdings Inc.
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 increase announced by SiriusXM?

SiriusXM has announced a 10% increase in its quarterly cash dividend for its common stock.

When will the dividend be paid?

The dividend will be paid on November 29, 2023.

Who is eligible to receive the dividend?

Stockholders of record at the close of business on November 7, 2023, are eligible to receive the dividend.