TKO Group to pay $150M dividend for second consecutive quarter

TKO Group Holdings, the parent company of UFC and professional wrestling league WWE, announced it will pay $150 million in dividends for the second quarter of 2026.

According to the announcement Friday, the dividend will be distributed as a quarterly cash payment to holders of TKO's Class A common stock, amounting to approximately $0.78 per share. The payout will go to shareholders of record as of a mid-March date set by the board, with payment scheduled for June 30.

The distribution marks the second consecutive quarter TKO has paid a $150 million dividend, following a payout of the same amount in March.

TKO said the move is part of a broader plan to return significant capital to investors while continuing to grow its UFC and WWE businesses.

The dividend follows a strong earnings period. TKO reported first-quarter 2026 revenue of approximately $1.6 billion, up roughly 26 percent from a year earlier, with adjusted EBITDA rising more than 30 percent. The board also approved a $1 billion share buyback, citing confidence in the company's long-term outlook.

TKO management has projected full-year revenue of between $5.675 billion and $5.775 billion.

Despite posting record revenue since its founding, TKO is set to absorb a financial hit from the UFC event at the White House scheduled for June 14. The event will be held without a paying audience, and while sponsorship and advertising deals are expected to recover $30 million of the estimated $60 million in costs, TKO will bear the remaining $30 million loss.

UFC President Dana White and TKO President Mark Shapiro have nonetheless expressed optimism, arguing that the promotional value of staging an event at the White House will more than offset the short-term financial loss and benefit UFC in the long run.