Lee Enterprises Incorporated

NASDAQ LEE

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Lee Enterprises Incorporated Cash Dividend Coverage Ratio 2 year CAGR for the quarter ending September 30, 2023

Lee Enterprises Incorporated Cash Dividend Coverage Ratio 2 year CAGR is NA for the quarter ending September 30, 2023. The cash dividend coverage ratio assesses a company's ability to cover its dividend payments with its operating cash flow. It is calculated by dividing operating cash flow by dividends paid. This ratio indicates the company's capacity to generate sufficient cash flow to support dividend distributions. A ratio greater than 1 indicates a healthy coverage of dividends, while a ratio less than 1 suggests potential challenges in meeting dividend obligations. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Lee Enterprises Incorporated Cash Dividend Coverage Ratio for the quarter ending March 31, 2023 was 15.80.
NASDAQ: LEE

Lee Enterprises Incorporated

CEO Mr. Kevin D. Mowbray
IPO Date Nov. 5, 1987
Location United States
Headquarters 4600 E. 53rd Street, Davenport, IA, United States, 52807
Employees 2,832
Sector Communication Services
Industry Publishing
Description

Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States. The company offers digital subscription platforms; daily, weekly, and monthly newspapers and niche publications; and web hosting and content management services. It also provides advertising and marketing services, such as audience extension, search engine optimization, search engine marketing, web and mobile production, social media services, and reputation monitoring and management. In addition, the company offers integrated digital publishing and content management solutions for creating, distributing, and monetizing multimedia content for media publications, universities, television stations, and niche publications. Further, it provides commercial printing services; distributes third party products; and operates a digital marketing services agency. Lee Enterprises, Incorporated was founded in 1890 and is based in Davenport, Iowa.

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StockViz Staff

September 20, 2024

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