Endeavor Announces Q1 2025 Cash Dividend
Endeavor Group Holdings (NYSE: EDR) has declared a quarterly cash dividend of approximately $27 million, with Class A common stockholders receiving $0.06 per share. The dividend will be paid on March 14, 2025 to stockholders of record as of February 28, 2025.
Future dividend declarations will depend on various factors, including operational results, financial condition, market conditions, earnings, cash flow requirements, and debt agreement restrictions. The company is required to maintain quarterly dividend payments of $0.06 per share under its merger agreement with Silver Lake until closing.
Endeavor Group Holdings (NYSE: EDR) ha dichiarato un dividendo in contante trimestrale di circa 27 milioni di dollari, con gli azionisti delle azioni ordinarie di Classe A che riceveranno 0,06 dollari per azione. Il dividendo sarà pagato il 14 marzo 2025 agli azionisti registrati al 28 febbraio 2025.
Le future dichiarazioni di dividendi dipenderanno da vari fattori, tra cui i risultati operativi, la situazione finanziaria, le condizioni di mercato, gli utili, le esigenze di flusso di cassa e le restrizioni degli accordi sul debito. L'azienda è tenuta a mantenere pagamenti trimestrali di dividendi di 0,06 dollari per azione in base al suo accordo di fusione con Silver Lake fino alla conclusione.
Endeavor Group Holdings (NYSE: EDR) ha declarado un dividendo en efectivo trimestral de aproximadamente 27 millones de dólares, con los accionistas de acciones ordinarias de Clase A recibiendo 0,06 dólares por acción. El dividendo se pagará el 14 de marzo de 2025 a los accionistas registrados al 28 de febrero de 2025.
Las futuras declaraciones de dividendos dependerán de varios factores, incluidos los resultados operativos, la situación financiera, las condiciones del mercado, las ganancias, las necesidades de flujo de efectivo y las restricciones de los acuerdos de deuda. La empresa está obligada a mantener pagos trimestrales de dividendos de 0,06 dólares por acción según su acuerdo de fusión con Silver Lake hasta el cierre.
엔데버 그룹 홀딩스 (NYSE: EDR)는 약 2,700만 달러의 분기 현금 배당금을 발표했으며, A 클래스 보통주 주주들은 주당 0.06 달러를 받게 됩니다. 배당금은 2025년 3월 14일에 2025년 2월 28일 기준 주주에게 지급될 예정입니다.
미래의 배당금 선언은 운영 결과, 재무 상태, 시장 조건, 수익, 현금 흐름 요구 사항 및 부채 계약 제한을 포함한 다양한 요소에 따라 달라질 것입니다. 회사는 실버 레이크와의 합병 계약에 따라 마감될 때까지 주당 0.06 달러의 분기 배당금을 유지해야 합니다.
Endeavor Group Holdings (NYSE: EDR) a déclaré un dividende en espèces trimestriel d'environ 27 millions de dollars, les actionnaires des actions ordinaires de Classe A recevant 0,06 dollar par action. Le dividende sera versé le 14 mars 2025 aux actionnaires inscrits au 28 février 2025.
Les déclarations de dividendes futurs dépendront de divers facteurs, y compris les résultats opérationnels, la situation financière, les conditions du marché, les bénéfices, les besoins en flux de trésorerie et les restrictions des accords de dette. L'entreprise est tenue de maintenir des paiements trimestriels de dividendes de 0,06 dollar par action en vertu de son accord de fusion avec Silver Lake jusqu'à la clôture.
Endeavor Group Holdings (NYSE: EDR) hat eine vierteljährliche Bardividende von etwa 27 Millionen Dollar erklärt, wobei die Aktionäre der Klasse A 0,06 Dollar pro Aktie erhalten. Die Dividende wird am 14. März 2025 an die Aktionäre gezahlt, die am 28. Februar 2025 im Aktienregister stehen.
Zukünftige Dividendenerklärungen hängen von verschiedenen Faktoren ab, einschließlich der Betriebsergebnisse, der finanziellen Lage, der Marktbedingungen, der Gewinne, der Anforderungen an den Cashflow und den Beschränkungen von Schuldenvereinbarungen. Das Unternehmen ist verpflichtet, vierteljährliche Dividendenzahlungen von 0,06 Dollar pro Aktie gemäß seiner Fusionsvereinbarung mit Silver Lake bis zum Abschluss aufrechtzuerhalten.
- Commitment to regular quarterly dividend payments of $0.06 per share
- Total dividend distribution of approximately $27 million
- None.
Insights
The announced quarterly dividend of
The dividend announcement carries additional significance due to its connection with the pending Silver Lake merger agreement. The mandatory quarterly dividend requirement in the merger terms suggests this is part of a broader strategy to ensure consistent shareholder returns during the transition period. This structure provides predictable income for investors while potentially helping to maintain share price stability leading up to the merger's completion.
Several key factors warrant attention:
- The
$27 million quarterly dividend commitment represents a manageable capital allocation, considering Endeavor's market capitalization of approximately$11 billion - The merger agreement's explicit dividend requirement indicates Silver Lake's commitment to maintaining shareholder value during the transaction period
- The forward-looking statements and risk factors mentioned suggest potential variability in future dividend payments post-merger, though the
$0.06 per share is secured until closing
The dividend payment structure aligns with Endeavor's position as a global sports and entertainment leader, balancing growth investments with shareholder returns. The explicit merger agreement terms regarding dividends provide a floor for shareholder returns, offering a degree of certainty in an otherwise complex transaction environment.
Future declarations of quarterly dividends are subject to the determination and discretion of Endeavor based on its consideration of various factors, such as its results of operations, financial condition, market conditions, earnings, cash flow requirements, restrictions in our debt agreements and legal requirements and other factors that Endeavor deems relevant, as well as requirements under the merger agreement with
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including the expected dividend payment date and timing thereof. The words “believe,” “may,” “will,” “estimate,” “potential,” “continue,” “anticipate,” “intend,” “expect,” “could,” “would,” “project,” “plan,” “target,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to those factors discussed in Part I, Item 1A “Risk Factors” in Endeavor’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, as any such factors may be updated from time to time in the Company’s other filings with the SEC, including without limitation, the Company’s Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2024, accessible on the SEC’s website at www.sec.gov and Endeavor’s Investor Relations site at investor.endeavorco.com. Forward-looking statements speak only as of the date they are made and, except as may be required under applicable law, Endeavor undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Endeavor
Endeavor (NYSE: EDR) is a global sports and entertainment company, home to many of the world’s most dynamic and engaging storytellers, brands, live events, and experiences. The Endeavor network specializes in talent representation through entertainment agency WME; sports operations and advisory, event management, media production and distribution, and brand licensing through IMG; live event experiences and hospitality through On Location; full-service marketing through global cultural marketing agency 160over90; and sports data and technology through OpenBet. Endeavor is also the majority owner of TKO Group Holdings, Inc. (NYSE: TKO), a premium sports and sports entertainment company comprising UFC and WWE.
Website Disclosure
Investors and others should note that Endeavor announces material financial and operational information to its investors using press releases, SEC filings and public conference calls and webcasts, as well as its Investor Relations site at investor.endeavorco.com. Endeavor may also use its website as a distribution channel of material Company information. In addition, you may automatically receive email alerts and other information about Endeavor when you enroll your email address by visiting the “Investor Email Alerts” option under the Resources tab on investor.endeavorco.com.
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Investors: investor@endeavorco.com
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Source: Endeavor Group Holdings, Inc.
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