Sirius XM (SIRI) Raises Quarterly Dividend 50% to $0.0219; 1.5% Yield
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SiriusXM Increases Quarterly Cash Dividend by 50%
October 25, 2021 4:30 PM EDTNEW YORK, Oct. 25, 2021 /PRNewswire/ -- SiriusXM today announced that its Board of Directors declared a quarterly cash dividend of $0.0219615 per share of common stock, reflecting an increase of 50% over the previous quarter's dividend. This regular quarterly dividend is payable in cash on November 29, 2021 to stockholders of record at the close of business on November 5, 2021.
"The substantial 50% increase in our regular quarterly dividend reflects our continued confidence in SiriusXM's ability to generate significant free cash flow in the coming years. This increase is aimed at bringing our dividend yield more in-line with the broader market and sector... More
