SiriusXM Reports Third Quarter 2016 Results

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Sirius XM (SIRI) Reports In-Line Q3 EPS; Initiates Dividend, $2B Buyback

October 27, 2016 7:13 AM EDT

Sirius XM (NASDAQ: SIRI) reported Q3 EPS of $0.04, in-line with the analyst estimate of $0.04. Revenue for the quarter came in at $1.3 billion versus the consensus estimate of $1.27 billion.

SiriusXM also announced today that its Board of Directors declared its first quarterly dividend in the amount of $0.01 per share of common stock payable on November 30, 2016 to stockholders of record as of the close of business on... More

Sirius XM (SIRI) Initiates, Declares $0.01 Quarterly Dividend; 0.9% Yield

October 27, 2016 7:13 AM EDT

Sirius XM (NASDAQ: SIRI) declared a quarterly dividend of $0.01 per share, or $0.04 annualized.

The dividend will be payable on November 30, 2016, to stockholders of record on November 9, 2016, with an ex-dividend date of November 7, 2016.

The annual yield on the dividend is 0.9... More