Sirius XM (SIRI) shares declined 1.36% to $21.05 as the stock reached its ex-dividend date for a $0.27 per share quarterly payout. This technical adjustment follows a recent 9% rally triggered by strong 2026 free cash flow guidance of $1.35 billion.
- The upcoming dividend distribution is scheduled for February 27, 2026, reinforcing the company's appeal to income-focused investors.
- Evercore ISI analysts maintain a Hold rating, citing concerns over persistent subscriber erosion despite the company's resilient cash flow.