Press Release Year
2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 |
:Press Release 2005:
XM SATELLITE RADIO HOLDINGS ANNOUNCES QUARTERLY DIVIDEND ON SERIES B PREFERRED STOCK
Washington D.C., July 08, 2005 -- XM Satellite Radio Holdings Inc. (NASDAQ: XMSR) announced today that it has declared a regular quarterly dividend on its 8.25% Series B Convertible Redeemable Preferred Stock.
The dividend is payable in shares of the Company's Class A Common Stock at a rate of $1.0313 per share of Series B Preferred Stock owned, with fractional shares to be paid in cash. The shares of Class A Common Stock to be issued will be valued at 95% of the average daily price of the Class A Common Stock for the 10 consecutive trading days ending on July 15, 2005. The dividend is payable as of August 1, 2005, to Series B convertible preferred stockholders of record of XM Satellite Radio Holdings Inc. as of July 22, 2005.
read more about satellite radio personalities  |
