Madison Square Garden Entertainment Corp

NYSE MSGE

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Madison Square Garden Entertainment Corp Cash Dividend Coverage Ratio 5 year CAGR for the year ending June 30, 2022

Madison Square Garden Entertainment Corp Cash Dividend Coverage Ratio 5 year CAGR is NA for the year ending June 30, 2022. 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.
  • Madison Square Garden Entertainment Corp Cash Dividend Coverage Ratio for the year ending June 30, 2022 was 42.27, a 150.54% change year over year.
  • Madison Square Garden Entertainment Corp Cash Dividend Coverage Ratio for the year ending June 30, 2021 was -83.64.
NYSE: MSGE

Madison Square Garden Entertainment Corp

CEO Mr. James Lawrence Dolan
IPO Date April 9, 2020
Location United States
Headquarters Two Pennsylvania Plaza, New York, NY, United States, 10121
Employees 5,820
Sector Consumer Cyclical
Industry Leisure
Description

Madison Square Garden Entertainment Corp. engages in live entertainment business. The company produces, presents, and hosts live entertainment events, including concerts, sports events, and other live events, such as family shows, performing arts events, and special events. Its operations include a collection of venues, the entertainment and sports bookings business, and the Christmas Spectacular Starring the Radio City Rockettes production. The company was formerly known as MSGE Spinco, Inc. Madison Square Garden Entertainment Corp. was incorporated in 2022 and is based in New York, New York.

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StockViz Staff

September 20, 2024

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