TKO Group Holdings is putting its money where its mouth isliterally. Fresh off new U.S. media rights renewals for both WWE and UFC, the company just announced a 100% increase to its quarterly cash dividend program.
In a press release issued Tuesday, the company revealed that holders of TKOs Class A common stock will receive a dividend of $0.76 per sharedouble the previous amount. The dividend will be paid out on September 30, 2025, to stockholders of record as of September 15, 2025, with a total payout of roughly $150 million coming from TKO Operating Company, LLC.
Mark Shapiro, TKOs President and COO, said the decision is all about capital strategy and building long-term value. On the heels of our UFC and WWE U.S. domestic media rights renewals and the strong earnings and cash flow profile they provide we are proud to double TKOs quarterly cash dividend, Shapiro said. The increased dividend, together with our share repurchase program that we expect to commence within the third quarter, reflects our ongoing commitment to a robust capital return strategy and delivering sustainable long-term value for our shareholders.
The company plans to fund the increased dividends through operating cash flow and existing cash reserves. TKO also announced its looking to upsize its existing credit facility by up to $1 billionthough any expansion will depend on market conditions and standard closing procedures.
While the announcement comes with the usual fine print about forward-looking statements, market conditions, and potential risks, the real message is clear: TKO is feeling confident about its future and its investors are about to get paid.
Is TKO making the right call by doubling dividends after its major media deals? Or should they be investing more aggressively in new ventures instead? Please share your thoughts and feedback in the comment section below.
