SiriusXM Declares Quarterly Cash Dividend
Rhea-AI Summary
SiriusXM (NASDAQ: SIRI) announced a quarterly cash dividend of $0.27 per share. The dividend is payable in cash on May 27, 2026 to stockholders of record at the close of business on May 11, 2026.
Positive
- Dividend declared at $0.27 per share
- Payment date set for May 27, 2026
- Record date set for May 11, 2026
Negative
- Cash outflow for shareholders occurs on May 27, 2026
- No guidance provided about future dividend levels
News Market Reaction – SIRI
On the day this news was published, SIRI declined 4.96%, reflecting a moderate negative market reaction. Argus tracked a peak move of +4.2% during that session. Our momentum scanner triggered 8 alerts that day, indicating moderate trading interest and price volatility. This price movement removed approximately $467M from the company's valuation, bringing the market cap to $8.96B at that time. Trading volume was above average at 1.5x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
About Sirius XM Holdings Inc.
SiriusXM is the leading audio entertainment company in
Investor contacts:
Jennifer DiGrazia
investor.relations@siriusxm.com
Source: SiriusXM
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SOURCE Sirius XM Holdings Inc.