Sirius XM Holdings Inc. (NASDAQ:SIRI) Increases Payout 10%


Sirius XM Holdings Inc. (NASDAQ:SIRI) reported that its Board of Directors announced a regular quarterly cash payout of $0.011 per share, reflecting a jump of $0.001, over the previous quarter’s payout. This payout will be distributed in cash on November 30, 2017 to shareholders as of record November 9, 2017.

The buzz

In unrelated news, Sirius XM reported that they will perform an invitation-only concert for company listeners at the Grand Ole Opry House on October 29. This is the first time the GRAMMY Award-winning band – Joe Walsh, Don Henley and Timothy B. Schmit, with Grand Ole Opry member Vince Gill and Deacon Frey will perform at the renowned venue. Eagles manager Irving Azoff expressed that the Eagles performing at the iconic Grand Ole Opry House will be a remarkable evening and Sirius XM is the perfect associate for this event.

Scott Greenstein, the Chief Content Officer and President of Sirius XM, expressed that one of the leasing, biggest-selling bands playing at the Grand Ole Opry House will make for an unforgettable event and an interesting evening for company subscribers. They are thrilled to present this special show and the Eagles own channel for their listeners countrywide.

The concert will be broadcasted on SiriusXM’s Eagles Channel over Thanksgiving Weekend. Sirius XM’s Eagles Channel will showcase music from the band’s long career and their solo records and influences. This channel will release mid-November and will be transmitted through the Holidays. Eagles Channel will be accessible through satellite and via the Sirius XM app on smartphones as well as other connected devices.

Sirius XM will broadcast a live, 3-song sneak peek of the event at the Grand Ole Opry House on The Bridge, Classic Vinyl and The Spectrum. The company customers since September 12, 2017 can participate in the contest to win a trip to Nashville including hotel stay, airfare and a pair of tickets to the concert.

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