- SiriusXM (SIRI, Financial) announces a quarterly cash dividend of $0.27 per share.
- The dividend is payable on May 28, 2025, to stockholders recorded by May 9, 2025.
- This payment maintains SiriusXM's consistent dividend distribution.
SiriusXM Holdings Inc. (SIRI), a leading audio entertainment company in North America, has declared a regular quarterly cash dividend of $0.27 per share. This announcement follows the board of directors' decision, showcasing the company's commitment to providing consistent returns to its shareholders.
The declared dividend is scheduled for payout on May 28, 2025. Shareholders looking to secure this dividend must be on record by the close of business on May 9, 2025. This consistent dividend payment is reflective of SiriusXM's stable financial foundation and continued confidence in future performance.
SiriusXM, known for its wide array of audio content, including the flagship subscription service SiriusXM, has been reaching a monthly audience of approximately 160 million listeners across its diverse platforms, including music streaming service Pandora and extensive podcast networks.
As of now, SiriusXM (SIRI, Financial) holds a market capitalization of $6.85 billion, with a significant insider ownership of 44.4% and institutional ownership of 40.74%. The company's dividend strategy continues to present SiriusXM as a viable option for income-focused investors in the entertainment sector.
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