Here's How Many Shares of Sirius XM Stock You'd Need for $10,000 In Yearly Dividends

Group 1 - Sirius XM is a well-known company, with 37% of its outstanding shares owned by Berkshire Hathaway, led by Warren Buffett [1] - The company's stock price has decreased by 56% over the past five years as of September 25 [2] - Sirius XM currently pays a quarterly dividend of $0.27 per share, resulting in an annualized dividend of $1.08 per share, with a dividend yield of 4.83% [4] Group 2 - To generate $10,000 in yearly dividends, an investor would need to own approximately 9,259 shares, requiring an investment of over $207,000 at the current stock price [4] - The company generated $402 million in free cash flow during the three-month period ending June 30, indicating consistent profitability [5] - Despite a strong dividend yield and robust free cash flow, Sirius XM faces declining subscriber and revenue bases due to increased competition from internet-based streaming platforms [5][7]