SiriusXM Declares Quarterly Cash Dividend

Rhea-AI Summary

SiriusXM (NASDAQ: SIRI) has announced a quarterly cash dividend of $0.0266 per share of common stock. The dividend will be paid on August 26, 2024, to stockholders of record as of the close of business on August 9, 2024. This declaration by the Board of Directors demonstrates SiriusXM's commitment to returning value to shareholders through regular dividend payments.

Positive

• Consistent dividend payment indicates financial stability
• Regular cash returns to shareholders

Negative

• None.

News Market Reaction

-1.75%

1 alert

-1.75% News Effect

On the day this news was published, SIRI declined 1.75%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, July 24, 2024 /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) today announced that its Board of Directors declared a quarterly cash dividend of $0.0266 per share of common stock. This regular quarterly dividend is payable in cash on August 26, 2024, to stockholders of record at the close of business on August 9, 2024.

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 amount of SiriusXM's (SIRI) quarterly dividend for August 2024?

SiriusXM (SIRI) has declared a quarterly cash dividend of $0.0266 per share of common stock for August 2024.

When will SiriusXM (SIRI) pay its quarterly dividend announced on July 24, 2024?

SiriusXM (SIRI) will pay the quarterly dividend on August 26, 2024, to stockholders of record as of the close of business on August 9, 2024.

How often does SiriusXM (SIRI) pay dividends?

Based on the announcement, SiriusXM (SIRI) pays dividends quarterly, indicating a regular schedule of four dividend payments per year.

What is the ex-dividend date for SiriusXM's (SIRI) August 2024 dividend?

The press release does not specify the ex-dividend date. Typically, it's one business day before the record date, which in this case is August 9, 2024.