Sirius XM Holdings Inc. (NASDAQ:SIRI) Declares Quarterly Dividend of $0.27
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Sirius XM Holdings Inc. (NASDAQ:SIRI) declared a quarterly dividend of $0.27, payable on May 28th to stockholders of record as of May 9th. This annualizes to $1.08, yielding 5.38%. The company has increased its dividend by an average of 17.5% annually over the past three years. Despite a recent stock decline of 1.7%, Sirius XM reported a positive EPS of $0.83 for the last quarter, exceeding estimates. Analysts have mixed ratings on the stock, with a consensus rating of "Hold" and a price target of $26.81.
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