Posted on 9/04/125 by Colin Vassallo
Following the announcement of two big media deals, TKO Group
Holdings announced that the company’s quarterly dividend to
its investors is being doubled from 38 cents per share to 76
cents per share.
The increase in dividend is thanks to the $1.6 billion five-
year deal that WWE signed with ESPN for its 10 premium live
events per year and the $7.7 billion deal for the UFC deal
with Paramount Skydance for it’s numbered events and UFC Fight
Night shows.
The increased dividend is payable on September 30.