FinancialBuzz.com’s latest The Buzz Show: Featuring Our Corporate News Recap on “Sirius XM Holdings Set to Raise Cash Dividend Payments”
Sirius XM Holdings (NASDAQ: SIRI) was up 7.2% in premarket trading after the company announced its decision to raise cash dividend payments by 10% yesterday
Additionally, a Bloomberg report this morning claimed that Sirius is nearing a contract renewal with popular radio host Howard Stern, with the company set to raise his annual pay to about $120 million a year.
Sirius XM Holdings Inc. is the leading audio entertainment company in the U.S., and the premier programmer and platform for subscription and digital advertising-supported audio products. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. SiriusXM and Pandora together reach more than 100 million people each month with their audio products.
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