GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Sphere Entertainment Co (NYSE:SPHR) » Definitions » Shareholder Yield %

Sphere Entertainment Co (Sphere Entertainment Co) Shareholder Yield % : 28.31% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Sphere Entertainment Co Shareholder Yield %?

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. It is a measure of shareholder return. As of today, Sphere Entertainment Co's Shareholder Yield % was 28.31%.


Sphere Entertainment Co Shareholder Yield % Historical Data

The historical data trend for Sphere Entertainment Co's Shareholder Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sphere Entertainment Co Shareholder Yield % Chart

Sphere Entertainment Co Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Shareholder Yield %
Get a 7-Day Free Trial - -26.22 -78.08 -106.25 -21.58

Sphere Entertainment Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shareholder Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -28.48 9.02 -21.58 4.10 32.91

Competitive Comparison of Sphere Entertainment Co's Shareholder Yield %

For the Entertainment subindustry, Sphere Entertainment Co's Shareholder Yield %, along with its competitors' market caps and Shareholder Yield % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sphere Entertainment Co's Shareholder Yield % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Sphere Entertainment Co's Shareholder Yield % distribution charts can be found below:

* The bar in red indicates where Sphere Entertainment Co's Shareholder Yield % falls into.



Sphere Entertainment Co Shareholder Yield % Calculation

Sphere Entertainment Co's Shareholder Yield % for the quarter that ended in Dec. 2023 is calculated as:

Shareholder Yield %=Dividend Yield %+Buyback Yield %+Net Debt Paydown Yield %
=0 %+0 %+32.91 %
=32.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Shareholder Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


Sphere Entertainment Co  (NYSE:SPHR) Shareholder Yield % Explanation

Shareholder Yield % is how much money shareholders receive from a company that is in the form of cash dividends, net stock repurchases, and debt reduction. The term was coined by William W. Priest of Epoch Investment Partners in a paper in 2005 entitled The Case for Shareholder Yield as a Dominant Driver of Future Equity Returns. William Priest indicated that "shareholder yield is a term that we came up with to reflect the various ways dividends can be paid to owners of a business in a publicly-traded company."

Shareholder Yield % is calculated by three components: Dividend Yield %, Buyback Yield %, and Net Debt Paydown Yield %.

Dividend Yield % shows how much a company pays out in dividends each year relative to its stock price, which is most obvious form of shareholder return.

Buyback Yield % is the net repurchase of shares outstanding over the market capital of the company. Shares repurchases also increase shareholder value by returning the money back to shareholders.

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced.


Sphere Entertainment Co Shareholder Yield % Related Terms

Thank you for viewing the detailed overview of Sphere Entertainment Co's Shareholder Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sphere Entertainment Co (Sphere Entertainment Co) Business Description

Traded in Other Exchanges
Address
Two Penn Plaza, New York, NY, USA, 10121
Sphere Entertainment Co is live entertainment and media company. The firm creates, writes, cast, produce, and tour shows and events. The company's portfolio includes Sphere, a next-generation entertainment medium to the world. The group has three reportable segments which include Entertainment, MSG Networks, and Tao Group Hospitality.
Executives
David Granville-smith officer: Executive Vice President TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Gregory Brunner officer: SVP, Controller & PAO TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Carl E Vogel director C/O SIRIUS XM RADIO INC., 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Gautam Ranji officer: EVP, CFO & Treasurer TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Isiah Iii Thomas director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Philip Gerard D'ambrosio officer: Interim CFO, Treasurer & Sec. TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Dolan Leinauer Corby other: Trustee of 13(d) Group Member BAKER BOTTS L.L.P., 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Zeppetella Courtney M officer: SVP, Controller & CAO TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
David F. Byrnes officer: EVP & Chief Financial Officer C/O CBS CORPORATION, 51 WEST 52ND STREET, NEW YORK NY 10019
Jamal H Haughton officer: EVP & General Counsel TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Joseph F Yospe officer: SVP, Controller & PAO 551 5TH AVENUE, SUITE 300, NEW YORK NY 10176
Andrea Greenberg officer: President/CEO-MSG Networks 11 PENNSYLVANIA PLAZA, NEW YORK NY 10001
Joel M. Litvin director TWO PENNSYLVANIA PLAZA, NEW YORK NY 10011
Scott S Packman officer: EVP & General Counsel TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Mark H Fitzpatrick officer: EVP & Chief Financial Officer TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121