The satellite radio veteran offers a generous dividend yield of 3.5% today. Why is it that high, and how much will the company spend on dividend checks in 2024?Satellite radio operator Sirius XM (SIRI -1.31%) has a generous dividend policy. The company started sending out quarterly dividend payments in November 2016 and has raised the payout in each November announcement since then.Today, the forward dividend yield is 3.5%. The digital media icon has never been a member of the S&P 500 (^GSPC 0.12%) index, b ...

Meme stocks are in the news, so let's talk about one of the original meme stocks that has grown up for better or worse.With meme stocks in the news this week it's a good time to revisit a similar battleground investment that dominated the online discussion board chatter a generation ago. It's been nearly eight years since the monthly trading volume of Sirius XM Holdings (SIRI 1.11%) topped 1 billion shares, and a dozen years before that it was a hotly contested penny stock.The satellite radio provider has g ...

Warren Buffett has a large position in Sirius XM, which is down 44% so far this year.Warren Buffett is one of the most well-known investors in history. The Oracle of Omaha has made a fortune in the stock market, but Buffett's investing strategy is actually really simple.Buffett invests in blue-chip companies that generate strong, predictable cash flow. Some of the largest positions in Berkshire Hathaway's stock portfolio include Apple, American Express, and Coca-Cola.One company that you may be less familia ...

Wall Street Thinks This Warren Buffett Stock Pick Has 27% Upside Bigc Studio / Shutterstock.com When Warren Buffett and Berkshire Hathaway Inc. (NYSE: BRK-A) part with shares of Apple Inc. (NASDAQ: AAPL), the largest stake in the Berkshire portfolio, it makes headlines. Of course it does. The so-called Oracle of Omaha is probably the best-known investor in the world, certainly one of the most successful. Millions of investors and aspiring investors still hang on his every word. So, is it time to dump Appl ...

NEW YORK, May 3, 2024  /PRNewswire/ -- SiriusXM (NASDAQ: SIRI) is pleased to announce that Jennifer Witz, Chief Executive Officer, will represent the company at the 52nd Annual JP Morgan Global Technology, Media and Communications Conference. The event is scheduled for Tuesday, May 21 at 10:50 am ET and will be held at The Westin Boston Seaport District Hotel, Boston, MA. Interested parties can access a live webcast of the presentation via the Investor Relations section of the SiriusXM website at https://in ...

Sirius XM Holdings (SIRI) reported first-quarter 2024 earnings of 7 cents per share, which beat the Zacks Consensus Estimate by 16.67% and remained flat year over year.Total revenues on a reported basis gained 0.8% year over year to $2.16 billion and beat the consensus mark by 1.32%.Subscriber revenues (77.7% of total revenues) declined 0.7% from the year-ago quarter to $1.68 billion. The figure beat the Zacks Consensus Estimate by 1%.Meanwhile, advertisement revenues (18.6%) increased 7.2% year over year t ...

Shares of the satellite radio operator pulled back on a middling earnings report.Shares of SiriusXM Radio (SIRI -7.26%) were pulling back today, after the satellite radio provider posted middling results in its first-quarter earnings report. Though it topped revenue estimates, full-year guidance was below expectations, and underlying growth remained weak.As a result, the stock was down 4.9% as of 12:27 p.m. ET. Sirius struggles to growSirius continued to lose self-pay subscribers, falling 359,000 to 33 mill ...

Sirius XM (SIRI) reported $2.16 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 0.8%. EPS of $0.07 for the same period compares to $0.06 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.13 billion, representing a surprise of +1.32%. The company delivered an EPS surprise of +16.67%, with the consensus EPS estimate being $0.06.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

Meme stock investors may fear their holdings grow up to be Sirius XM, but things could be worse.One of the market's most contested battleground stocks a decade ago has become more of a sleepy historical landmark. Sirius XM Holdings (SIRI -4.57%) reported its first-quarter results on Tuesday morning. If you missed the news, it's because the country's lone satellite radio provider isn't as widely followed as it used to be.Sirius XM's trading volume in April has been roughly a quarter of what it was in the sam ...

Sirius XM Holdings Inc. (NASDAQ:SIRI) Q1 2024 Earnings Conference Call April 30, 2024 8:00 AM ET Company Participants Hooper Stevens - Senior Vice President of Investor Relations and Finance Jennifer Witz - Chief Executive Officer Tom Barry - Chief Financial Officer Scott Greenstein - President & Chief Content Officer Conference Call Participants Sebastiano Petti - JPMorgan Jason Bazinet - Citi Bryan Kraft - Deutsche Bank Jessica Reif Ehrlich - Bank of America David Joyce - Seaport Research Partners Steven ...