Dividend Yield is defined as:
Dividend Per Share
(/) Stock Price
(=) Dividend Yield
The dividend yield is used to calculate the return on investment in the form of dividends that the company declared in the last year.
Applying this formula, Sirius XM’s Dividend Yield is calculated below:
Dividend Per Share [ $1.08 ]
(/) Stock Price [ $23.95 ]
(=) Dividend Yield [ 4.5% ]
The tables below summarizes the trend in Sirius XM’s dividend yield over the last five years:
| Date |
Dividend Per Share |
Stock Price |
Dividend Yield |
| 2020-12-31 |
$0.59 |
$56.12 |
1.0% |
| 2021-12-31 |
$0.88 |
$56.53 |
1.6% |
| 2022-12-31 |
$0.97 |
$54.72 |
1.8% |
| 2023-12-31 |
$1.06 |
$52.38 |
2.0% |
| 2024-12-31 |
$1.08 |
$22.56 |
4.8% |
Read more about dividend per share
Click the link below to download a spreadsheet with an example Quick Ratio calculation for Sirius XM Holding Inc below: