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 $0.00 per ordinary share which will be made payable on 2024-08-26. Ex dividend date: 2024-08-09
• Sirius XM annual dividend for 2024 was $0.06
• Sirius XM annual dividend for 2023 was $0.10
• Sirius XM's trailing twelve-month (TTM) dividend yield is 1.5%
• Sirius XM's payout ratio for the trailing twelve months (TTM) is 30.86%
• Sirius XM's dividend growth over the last five years (2018-2023) was 17.03% year
Sirius XM Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-08-09 | $0.00 | quarterly | 2024-08-26 |
| 2024-05-09 | $0.03 | quarterly | 2024-05-29 |
| 2024-02-08 | $0.03 | 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 | $0.02 | quarterly | 2022-11-30 |
| 2022-08-04 | $0.02 | quarterly | 2022-08-31 |
| 2022-05-05 | $0.02 | 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 | $0.01 | quarterly | 2021-02-26 |
| 2020-11-05 | $0.01 | quarterly | 2020-11-30 |
| 2020-08-06 | $0.01 | quarterly | 2020-08-31 |
| 2020-05-07 | $0.01 | quarterly | 2020-05-29 |
| 2020-02-11 | $0.01 | quarterly | 2020-02-28 |
| 2019-11-07 | $0.01 | quarterly | 2019-11-29 |
| 2019-08-08 | $0.01 | quarterly | 2019-08-30 |
| 2019-05-09 | $0.01 | quarterly | 2019-05-31 |
| 2019-02-08 | $0.01 | quarterly | 2019-02-28 |
| 2018-11-08 | $0.01 | quarterly | 2018-11-30 |
| 2018-08-09 | $0.01 | quarterly | 2018-08-31 |
| 2018-05-09 | $0.01 | quarterly | 2018-05-31 |
| 2018-02-06 | $0.01 | quarterly | 2018-02-28 |
| 2017-11-08 | $0.01 | quarterly | 2017-11-30 |
| 2017-08-08 | $0.01 | quarterly | 2017-08-31 |
| 2017-05-08 | $0.01 | quarterly | 2017-05-31 |
| 2017-02-03 | $0.01 | quarterly | 2017-02-28 |
| 2016-11-07 | $0.01 | 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 1.5%. Interested in purchasing Sirius XM stock? Use our calculator to estimate your expected dividend yield:
Sirius XM Financial Ratios
P/E ratio68.65
PEG ratio19.21
P/B ratio-42.10
ROE-52.15%
Payout ratio30.86%
Current ratio0.43
Quick ratio0.43
Cash Ratio0.04
Sirius XM Dividend FAQ
How much is the next Sirius XM dividend?
Sirius XM's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Sirius XM dividend. The next Sirius XM dividend will be released in February, May, August, or November.
When is Sirius XM dividend paid?
Sirius XM pays dividends on a quarterly basis. The specific dates may vary each year but are generally around February, May, August, and November. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Sirius XM pay?
The specific amount of Sirius XM dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sirius XM's dividend history.
Does Sirius XM stock pay dividends?
Yes, Sirius XM does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Sirius XM's dividend history.
How much dividend does Sirius XM pay?
Sirius XM paid $0.056 in 2024, $0.099 in 2023, $0.318 in 2022, $0.066 in 2021, and $0.055 in 2020.
How often does Sirius XM pay dividends?
Sirius XM typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around February, May, August, and November.
What is Sirius XM's dividend yield?
The current dividend yield for Sirius XM is 1.5%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Sirius XM's exact dividend yield.
When does Sirius XM go ex dividend?
Sirius XM's ex-dividend date for the latest dividend was on 2024-08-09. Sirius XM typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Sirius XM dividend paid?
Sirius XM pays dividends on a quarterly basis, typically around February, May, August, or November, but the exact dates can vary each year.
Will Sirius XM increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Sirius XM will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Sirius XM dividend per share?
Sirius XM paid $0.056 per share in 2024 and $0.099 per share in 2023. The amount of dividend per share that Sirius XM pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Sirius XM a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Sirius XM a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Sirius XM a dividend stock?
Yes, Sirius XM is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Sirius XM a good dividend stock?
Whether Sirius XM is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Sirius XM has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Sirius XM pay dividends monthly?
Sirius XM typically pays dividends on a quarterly basis.
Does Sirius XM pay dividends quarterly?
Sirius XM currently pays dividends on a quarterly basis.
Has Sirius XM ever paid a dividend?
Yes, Sirius XM has a history of paying dividends to its shareholders. Sirius XM is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Sirius XM dividend stocks?
To buy Sirius XM you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Sirius XM stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Sirius XM stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Sirius XM pay dividends 2024?
Sirius XM pays dividends on a quarterly basis. 2024 dividend payments are in 2024-08-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Sirius XM increase its dividend in 2024?
Decisions regarding Sirius XM dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Sirius XM dividend overview you can look into the above table of dividend history.
How Sirius XM dividend works?
The Sirius XM dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Sirius XM's dividend process works:
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. 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.
How are Sirius XM dividends paid?
Sirius XM dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Sirius XM pay dividends?
Sirius XM typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Sirius XM pay dividends?
The general pattern is that Sirius XM pays dividends around February, May, August, and November. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Sirius XM dividend safe?
The safety of Sirius XM's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.