SiriusXM Increases Quarterly Cash Dividend By 10% To $0.0266/Share
Portfolio Pulse from Benzinga Newsdesk
SiriusXM has announced a 10% increase in its quarterly cash dividend to $0.0266 per share.
October 25, 2023 | 8:42 pm
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POSITIVE IMPACT
SiriusXM's decision to increase its quarterly cash dividend by 10% could be a positive signal to investors, indicating the company's strong financial health.
Dividend increases are often seen as a sign of a company's strong financial health. As such, this news could make SiriusXM's stock more attractive to investors, potentially leading to an increase in the stock's price in the short term.
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