TKO Group today announced that its board of directors has declared its inaugural quarterly cash dividend pursuant to the capital return program the Company announced on October 24, 2024.
TKO’s Class A common stockholders will receive their pro rata share of an aggregate distribution of approximately $75 million from TKO Operating Company, LLC to its equity holders. The per share dividend to the holders of TKO’s Class A common stockholders will be $0.38 per share. The dividend will be paid on March 31, 2025 to Class A common stockholders of record as of the close of business on March 14, 2025.
Future declarations of quarterly dividends are subject to the determination and discretion of TKO based on its consideration of various factors, such as its results of operations, financial condition, market conditions, earnings, cash flow requirements, restrictions in its debt agreements and legal requirements and other factors that TKO deems relevant.
