Madison Square Garden Sports Corp Dividends
The next dividend date for Madison Square Garden Sports Corp has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Madison Square Garden Sports Corp (MSGS)
More About Madison Square Garden Sports Corp
Madison Square Garden Sports Corp. operates as a professional sports company in the United States. The company owns and operates a portfolio of assets that consists of the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Its other professional franchises include development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. It also operates the Madison Square Garden Training Center, a professional sports team performance center in Greenburgh. The company was formerly known as The Madison Square Garden Company. Madison Square Garden Sports Corp. was incorporated in 2015 and is based in New York, New York.
Owning Madison Square Garden Sports Corp Stock on the Dividend Date
If you own Madison Square Garden Sports Corp stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Madison Square Garden Sports Corp stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Madison Square Garden Sports Corp stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Madison Square Garden Sports Corp stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Madison Square Garden Sports Corp dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Madison Square Garden Sports Corp Dividends
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