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SiriusXM Declares Quarterly Cash Dividend

SiriusXM Declares Quarterly Cash Dividend

Revealed: Jul. 14, 2022 at 3:30 PM CDT

NEW YORK, July 14, 2022 /PRNewswire/ — SiriusXM these days declared that its Board of Directors declared a common quarterly income dividend of $.0219615 for each share of popular stock, payable in funds on August 31, 2022, to stockholders of file at the close of business enterprise on August 5, 2022.

About SiriusXM

Sirius XM Holdings Inc. (NASDAQ: SIRI) is the top audio leisure firm in North The us, and the leading programmer and system for subscription and digital advertising-supported audio products. SiriusXM’s platforms collectively arrive at about 150 million listeners, the major digital audio viewers throughout compensated and no cost tiers in North The usa, and produce tunes, sports, discuss, news, comedy, amusement and podcasts. Pandora, a subsidiary of SiriusXM, is the greatest ad-supported audio amusement streaming provider in the U.S. SiriusXM’s subsidiaries Stitcher, Simplecast and AdsWizz make it a chief in podcast internet hosting, manufacturing, distribution, analytics and monetization. The Company’s advertising and marketing income arm, SXM Media, leverages its scale, cross-platform income organization, and ad tech abilities to provide results for audio creators and advertisers. SiriusXM, as a result of Sirius XM Canada Holdings, Inc., also gives satellite radio and audio enjoyment in Canada. In addition to its audio enjoyment organizations, SiriusXM gives connected motor vehicle solutions to automakers. For much more about SiriusXM, remember to go to: www.siriusxm.com.

This interaction incorporates “ahead-on the lookout statements” in the this means of the Private Securities Litigation Reform Act of 1995. This kind of statements include things like, but are not restricted to, statements about long term economic and operating success, our plans, aims, expectations and intentions with regard to long term functions, products and expert services and other statements discovered by words such as “will most likely outcome,” “are predicted to,” “will carry on,” “is expected,” “estimated,” “imagine,” “intend,” “approach,” “projection,” “outlook” or text of similar indicating. This sort of forward-looking statements are dependent upon the existing beliefs and expectations of our administration and are inherently matter to important business enterprise, financial and aggressive uncertainties and contingencies, quite a few of which are complicated to forecast and generally outside of our manage. Precise final results and the timing of events may vary materially from the final results anticipated in these ahead-seeking statements.

The pursuing factors, amid others, could trigger genuine effects and the timing of situations to vary materially from the predicted success or other anticipations expressed in the ahead-hunting statements: we have been, and could continue to be, adversely affected by supply chain concerns as a outcome of the world semiconductor supply shortage we confront substantial competition and that competitors is likely to boost above time if our attempts to entice and keep subscribers and listeners, or change listeners into subscribers, are not thriving, our business will be adversely afflicted we interact in in depth marketing efforts and the continued efficiency of those efforts is an crucial aspect of our small business we rely on 3rd get-togethers for the operation of our company, and the failure of third parties to carry out could adversely have an impact on our company we could not realize the rewards of acquisitions and other strategic investments and initiatives the ongoing COVID-19 pandemic has released sizeable uncertainty to our organization a significant amount of our Sirius XM provider subscribers periodically cancel their subscriptions and we can’t forecast how productive we will be at retaining clients our capacity to profitably entice and retain subscribers to our Sirius XM assistance as our advertising endeavours arrive at much more price tag-sensitive shoppers is unsure our enterprise is dependent in aspect on the auto business failure of our satellites would drastically hurt our business enterprise our Sirius XM service may well working experience dangerous interference from wireless functions our Pandora advert-supported enterprise has experienced a sizeable and regular decline of every month energetic customers, which may perhaps adversely have an affect on our Pandora company our failure to convince advertisers of the gains of our Pandora ad-supported provider could hurt our business enterprise if we are not able to preserve earnings development from our advertising products and solutions our final results of operations will be adversely influenced adjustments in cellular running systems and browsers may well hinder our ability to promote marketing and marketplace our providers if we are unsuccessful to precisely forecast and perform music, comedy or other content material that our Pandora listeners love, we might fall short to retain present and attract new listeners privateness and data security regulations and regulations could hinder our means to sector our solutions, sell promotion and impose legal liabilities consumer defense guidelines and our failure to comply with them could destruction our enterprise failure to comply with FCC requirements could harm our enterprise if we are unsuccessful to defend the security of own facts about our customers, we could be subject matter to expensive govt enforcement actions and non-public litigation and our status could put up with interruption or failure of our data engineering and communications techniques could impair the delivery of our provider and damage our business the market for new music rights is switching and is topic to substantial uncertainties our Pandora products and services rely on maintaining complex licenses with copyright homeowners, and these licenses comprise onerous terms the rates we should pay back for “mechanical rights” to use musical works on our Pandora support have elevated substantially and these new premiums might adversely have an impact on our company failure to guard our mental residence or actions by third events to implement their intellectual house rights could substantially damage our business enterprise and working final results some of our expert services and technologies may well use “open up source” software program, which may possibly prohibit how we use or distribute our expert services or need that we launch the source code topic to all those licenses immediate technological and business changes and new entrants could adversely effects our products and services we have a sizeable total of indebtedness, and our financial debt is made up of sure covenants that restrict our functions we are a “managed company” within the meaning of the NASDAQ listing guidelines and, as a result, qualify for, and count on, exemptions from specific corporate governance demands when we presently shell out a quarterly money dividend to holders of our typical stock, we could change our dividend coverage at any time our principal stockholder has significant affect, which include above steps necessitating stockholder approval, and its passions might differ from the interests of other holders of our frequent inventory if we are not able to draw in and keep skilled personnel, our small business could be harmed our services could be harmed by natural catastrophes or terrorist pursuits the unfavorable end result of pending or potential litigation could have an adverse influence on our operations and money ailment we could be exposed to liabilities that other leisure company companies would not customarily be issue to and our enterprise and potential customers count on the toughness of our makes. Supplemental aspects that could trigger our effects to differ materially from those described in the ahead-searching statements can be observed in our Annual Report on Type 10-K for the yr finished December 31, 2021, and our Quarterly Report on Type 10-Q for the quarterly interval ended March 31, 2022, which are submitted with the Securities and Trade Commission (the “SEC”) and accessible at the SEC’s World-wide-web web site (http://www.sec.gov). The information set forth herein speaks only as of the day hereof, and we disclaim any intention or obligation to update any forward hunting statements as a result of developments transpiring just after the date of this conversation.

Supply: SiriusXM

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Natalie Candela
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Resource Sirius XM Holdings Inc.

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