Sirius XM Holdings Inc. (NASDAQ:SIRI) announced a quarterly dividend on Tuesday, July 11th, RTT News reports. Stockholders of record on Thursday, August 10th will be paid a dividend of 0.01 per share on Thursday, August 31st. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.74%.

Shares of Sirius XM Holdings (NASDAQ:SIRI) traded up 0.84% during midday trading on Tuesday, hitting $5.39. The stock had a trading volume of 12,585,781 shares. The company’s 50 day moving average is $5.16 and its 200 day moving average is $4.96. Sirius XM Holdings has a 52 week low of $4.04 and a 52 week high of $5.53. The firm has a market cap of $25.12 billion, a P/E ratio of 33.66 and a beta of 1.11.

Sirius XM Holdings (NASDAQ:SIRI) last announced its earnings results on Thursday, April 27th. The company reported $0.04 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.04. The company had revenue of $1.29 billion for the quarter, compared to analysts’ expectations of $1.29 billion. Sirius XM Holdings had a negative return on equity of 104.00% and a net margin of 15.24%. Sirius XM Holdings’s quarterly revenue was up 7.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.03 earnings per share. On average, equities analysts predict that Sirius XM Holdings will post $0.18 earnings per share for the current fiscal year.

SIRI has been the topic of several research analyst reports. Vetr raised Sirius XM Holdings from a “buy” rating to a “strong-buy” rating and set a $6.28 price objective on the stock in a research report on Tuesday, June 20th. Wunderlich cut Sirius XM Holdings from a “buy” rating to a “hold” rating and boosted their price objective for the stock from $5.00 to $5.50 in a research report on Thursday, March 16th. BidaskClub raised Sirius XM Holdings from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 1st. Morgan Stanley cut Sirius XM Holdings from an “equal weight” rating to an “underweight” rating and set a $4.80 price objective on the stock. in a research report on Wednesday, April 19th. Finally, Macquarie reissued an “outperform” rating and issued a $5.85 price objective on shares of Sirius XM Holdings in a research report on Thursday, April 13th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating, six have issued a buy rating and two have given a strong buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $5.25.

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Sirius XM Holdings Company Profile

Sirius XM Radio Inc broadcasts its music, sports, entertainment, comedy, talk, news, traffic and weather channels in the United States on a subscription fee basis through its two satellite radio systems. Subscribers can also receive certain of its music and other channels over the Internet, including through applications for mobile devices.

Dividend History for Sirius XM Holdings (NASDAQ:SIRI)

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