Sirius XM Holdings Inc. provides satellite radio services on a subscription fee basis in the United States. It broadcasts music, sports, entertainment, comedy, talk, news, traffic, and weather channels, including various music genres, such as rock, pop and hip-hop, country, dance, jazz, Latin, and classical; live play-by-play sports from various leagues and colleges; various talk and entertainment channels for a range of audiences; national, international, and financial news; and limited run channels. The company also provides streaming service that includes a range of music and non-music channels, and podcasts, as well as channels that are not available on its satellite radio service; and offers applications to allow consumers to access its streaming service on smartphones, tablets, computers, home devices, and other consumer electronic equipment, as well as connected vehicle services. In addition, it distributes satellite radios through automakers and retailers, as well as its website. Further, the company provides location-based services through two-way wireless connectivity, including safety, security, convenience, remote vehicles diagnostic, maintenance and data, and stolen or parked vehicle locator services. Additionally, it offers satellite television services, which offer music channels on the DISH Network satellite television service as a programming package; Travel Link, a suite of data services that include graphical weather, fuel prices, sports schedule and scores, and movie listings; and real-time traffic and weather services. The company was incorporated in 2013 and is headquartered in New York, New York. Sirius XM Holdings Inc. is a subsidiary of Liberty Media Corporation.
Sirius XM Dividend Announcement
• Sirius XM announced a quarterly dividend of $0.27 per ordinary share which will be made payable on 2024-11-21. Ex dividend date: 2024-11-05
• Sirius XM annual dividend for 2024 was $0.28
• Sirius XM annual dividend for 2023 was $0.10
• Sirius XM's trailing twelve-month (TTM) dividend yield is 1.22%
• Sirius XM's payout ratio for the trailing twelve months (TTM) is -20.16%
• Sirius XM's dividend growth over the last five years (2018-2023) was 47.05% year
Sirius XM Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-05 | $0.27 | quarterly | 2024-11-21 |
2024-08-09 | $0.00 | quarterly | 2024-08-26 |
2024-05-09 | $0.00 | quarterly | 2024-05-29 |
2024-02-08 | $0.00 | quarterly | 2024-02-23 |
2023-11-06 | $0.03 | quarterly | 2023-11-29 |
2023-08-07 | $0.02 | quarterly | 2023-08-30 |
2023-05-04 | $0.02 | quarterly | 2023-05-24 |
2023-02-08 | $0.02 | quarterly | 2023-02-24 |
2022-11-09 | $0.00 | quarterly | 2022-11-30 |
2022-08-04 | $0.00 | quarterly | 2022-08-31 |
2022-05-05 | $0.00 | quarterly | 2022-05-25 |
2022-02-10 | $0.25 | quarterly | 2022-02-25 |
2021-11-04 | $0.02 | quarterly | 2021-11-29 |
2021-08-05 | $0.01 | quarterly | 2021-08-30 |
2021-05-06 | $0.01 | quarterly | 2021-05-28 |
2021-02-09 | $0.00 | quarterly | 2021-02-26 |
2020-11-05 | $0.00 | quarterly | 2020-11-30 |
2020-08-06 | $0.01 | quarterly | 2020-08-31 |
2020-05-07 | $0.00 | quarterly | 2020-05-29 |
2020-02-11 | $0.00 | quarterly | 2020-02-28 |
2019-11-07 | $0.01 | quarterly | 2019-11-29 |
2019-08-08 | $0.00 | quarterly | 2019-08-30 |
2019-05-09 | $0.00 | quarterly | 2019-05-31 |
2019-02-08 | $0.00 | quarterly | 2019-02-28 |
2018-11-08 | $0.00 | quarterly | 2018-11-30 |
2018-08-09 | $0.00 | quarterly | 2018-08-31 |
2018-05-09 | $0.01 | quarterly | 2018-05-31 |
2018-02-06 | $0.00 | quarterly | 2018-02-28 |
2017-11-08 | $0.00 | quarterly | 2017-11-30 |
2017-08-08 | $0.00 | quarterly | 2017-08-31 |
2017-05-08 | $0.00 | quarterly | 2017-05-31 |
2017-02-03 | $0.00 | quarterly | 2017-02-28 |
2016-11-07 | $0.00 | quarterly | 2016-11-30 |
2012-12-14 | $0.05 | quarterly | 2012-12-28 |
Sirius XM Dividend per year
Sirius XM Dividend growth
Sirius XM Dividend Yield
Sirius XM current trailing twelve-month (TTM) dividend yield is 1.22%. Interested in purchasing Sirius XM stock? Use our calculator to estimate your expected dividend yield:
Sirius XM Financial Ratios
Sirius XM Dividend FAQ
Other factors to consider when evaluating Sirius XM as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Sirius XM's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Sirius XM publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Sirius XM distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Sirius XM are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Sirius XM sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Sirius XM distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sirius XM declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Sirius XM's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Sirius XM's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.