I’m trying to find the dividend history for XM Satellite Radio Holdings Inc. but can’t find it on finance sites…any help?
If not can you explain what a dividend history is?
(Im just learning about stocks in school but is still confused on what some differences are)
You can find historical prices and dividend history of Yahoo Finance, www.finance.yahoo.com enter the ticker or use the lookup function in this case XMSR and click on historical prices. Scan down the prices and on days with dividends it will give the dividend. You can also go to the investor relations site of the company and it may be there or if your school has a Bloomberg terminal (some universities do) type in XMSR equity DVD for the dividend history.
This would be how to find the information but for XM I’ll just tell you that XM has never paid a dividend. Dividends are something that many companies pay out to their owners ussually out of retained earnings. XM has up to now never had a profit so they have no earnings to pay out, this is not uncommon for a young company esspecially a capital intensive one like XM. Also may profitable companies do not pay dividends if they think they can use that money more profitably than their cost of capital, this is no guarentee that they will.
Hope this helps.
You can find historical prices and dividend history of Yahoo Finance, http://www.finance.yahoo.com enter the ticker or use the lookup function in this case XMSR and click on historical prices. Scan down the prices and on days with dividends it will give the dividend. You can also go to the investor relations site of the company and it may be there or if your school has a Bloomberg terminal (some universities do) type in XMSR equity DVD for the dividend history.
This would be how to find the information but for XM I’ll just tell you that XM has never paid a dividend. Dividends are something that many companies pay out to their owners ussually out of retained earnings. XM has up to now never had a profit so they have no earnings to pay out, this is not uncommon for a young company esspecially a capital intensive one like XM. Also may profitable companies do not pay dividends if they think they can use that money more profitably than their cost of capital, this is no guarentee that they will.
Hope this helps.
References :
Google finance will show it you — go to finance.google.com , type in XM Sat — it auto-completes to XMSR. That shows you a nice graph — click on "Max" to show the whole history of the stock. Dividends would show up as little "price tags" at the bottom of the graph — it looks like XMSR doesn’t pay dividends. Try it with IBM or something else to see what I mean.
Dividend history would be the history of dividends paid by a publicly traded company. For instance, IBM paid 30 cents for each share owned on February 7 (and they appear to pay dividends four times per year). XMSR doesn’t pay dividends; companies aren’t required to do so.
Doug
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