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Disney to reinstate the dividend this year

Posted on 2/8/23 at 4:49 pm
Posted by FLObserver
Jacksonville
Member since Nov 2005
15850 posts
Posted on 2/8/23 at 4:49 pm
They bring back Bob Iger and they start cutting the fluff (job cuts) and reinstate the div. Thinking i should have bought a few more shares when it tanked last year.
Posted by TDsngumbo
Member since Oct 2011
49227 posts
Posted on 2/8/23 at 7:02 pm to
I think every level minded investor expected Disney to eventually reinstate the dividend. Did anyone really expect it to be gone permanently?
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 2/8/23 at 7:24 pm to
quote:

I think every level minded investor expected Disney to eventually reinstate the dividend. Did anyone really expect it to be gone permanently?


They’ll reinstate a dividend, but it’s not going to sniff their previous distribution due to their cash flow concerns.
This post was edited on 2/8/23 at 7:55 pm
Posted by Hangit
The Green Swamp
Member since Aug 2014
45480 posts
Posted on 2/8/23 at 7:40 pm to
quote:

reinstate the div


I read that they plan to make it a modest dividend.
Posted by go ta hell ole miss
Member since Jan 2007
14570 posts
Posted on 2/8/23 at 8:17 pm to
quote:

I think every level minded investor expected Disney to eventually reinstate the dividend. Did anyone really expect it to be gone permanently?


Under Chapek, yes. The fact that Iger realizes how important even a modest dividend is to ordinary Disney investors is telling of how bad Chapek was for Disney. Disney is on the way to $130. The next significant thing for Disney is a proper succession plan.
Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 2/9/23 at 1:35 pm to
I know I am going to get downvoted to oblivion , but GameStop $GME will be bringing back their dividends this year.


It is a given that they will issue an nft dividend, but they will also probably bring back their cash divs, too.

The cool thing is that the the 80+million shares that are locked away in ComputerShare will likely nearly all instantly buy more registered shares.

Regardless of what you all think or say about the little gaming store, things are spicy with them.

Posted by cable
Member since Oct 2018
9735 posts
Posted on 2/9/23 at 1:56 pm to
quote:

GameStop $GME will be bringing back their dividends this year.


what does this have to do with Disney

and

quote:

nft dividend


what?
Posted by GhostOfFreedom
Member since Jan 2021
13101 posts
Posted on 2/9/23 at 3:36 pm to
I figured that since it was about a company returning to issuing dividends, then it might interest some to know about other companies returning to the dividend table.

The nft dividend is a theoretical way to force shorters to close out their positions. Overstock did something similar with crypto currency and got sued, but there is hope that gamestop with their new nft.gamestop.com marketplace will be able to justify the nft dividend and avoid legal issues.

https://nypost.com/2019/09/17/ex-overstock-ceo-planned-crypto-dividend-to-thwart-short-sellers/
Posted by cable
Member since Oct 2018
9735 posts
Posted on 2/9/23 at 4:17 pm to
quote:

nft dividend


no thank you
Posted by leeman101
Huntsville, AL
Member since Aug 2020
2437 posts
Posted on 2/9/23 at 4:27 pm to
Hedge fund billionaire, Nelson Peltz led a proxy fight to force Iger to do these things. Go Woke cut jobs.

LINK
Posted by Hangit
The Green Swamp
Member since Aug 2014
45480 posts
Posted on 5/11/23 at 10:16 am to
Disney picked a fight with the Gov. of FL. They wanted teachers to be able to groom and recruit children. It is going through two courts now.

Bob Iger is trying to litigate it in the press. The substantial press Disney owns is bashing Desantis like he is Trump.

Yesterday, their financials showed that Disney + lost millions of subscribers due to the woke. Iger went on a Desantis rant during the conference call and the stock is down over 8% today.
Posted by KillTheGophers
Member since Jan 2016
6748 posts
Posted on 5/11/23 at 10:31 am to
Disney got out over their skis - it is amazing how magical their parks and media can be for kids and families….but……A woke culture and getting outside their area of expertise with steaming will negatively impact DIS for years.

Most paying customers don’t want DIS’s alphabet soup ideology pushed down the throats of children.

Trans is a mental illness and should be treated accordingly - not forced on our youth by corporations or trans library kids day events.



Posted by Hangit
The Green Swamp
Member since Aug 2014
45480 posts
Posted on 5/11/23 at 11:02 am to
I had read that a second set of investors was suing the board over playing the woke game instead of churning out money. I hope they don't back down. These clowns need to understand what their fiduciary responsibility is.

Get back to dancing with the girl you came with.
Posted by NOSHAU
Member since Feb 2012
13491 posts
Posted on 5/11/23 at 11:15 am to
quote:

Disney picked a fight with the Gov. of FL. They wanted teachers to be able to groom and recruit children. It is going through two courts now.

Bob Iger is trying to litigate it in the press. The substantial press Disney owns is bashing Desantis like he is Trump.

Yesterday, their financials showed that Disney + lost millions of subscribers due to the woke. Iger went on a Desantis rant during the conference call and the stock is down over 8% today.


The problem is DeSantis wants to be Trump. He picked the fight, not Disney. He made it personal. Disney is the largest employer in the state and he did not like that they disagreed with his tactics. DeSantis may think he is being the tough guy, but he ruined any chance he had at becoming president with his childish antics.
This post was edited on 5/11/23 at 11:16 am
Posted by Hangit
The Green Swamp
Member since Aug 2014
45480 posts
Posted on 5/11/23 at 11:21 am to
quote:

. He picked the fight, not Disney.


Wrong. He was signing a bill the legislature passed. It was aboot protecting children from predators, and Disney attacked him. That is how it started. The bill was aboot schools, not Disney. The groomers have said a million times that he started it, but it is historical record. Disney started it.
Posted by NOSHAU
Member since Feb 2012
13491 posts
Posted on 5/11/23 at 12:52 pm to
quote:

Wrong. He was signing a bill the legislature passed. It was aboot protecting children from predators, and Disney attacked him. That is how it started. The bill was aboot schools, not Disney. The groomers have said a million times that he started it, but it is historical record. Disney started it.
Disney disagreed with the bill. He made it personal and very unprofessional, to the point of threatening to put tolls on all roads leading to Disney. He is a TERRIBLE businessman and leader (and that is a maddive understatement). He made it about him instead of the good of the state he represents. He is a child.
Posted by MrJimBeam
Member since Apr 2009
12964 posts
Posted on 5/11/23 at 1:04 pm to
This Disney fiasco is ruining any chance at a Presidential run. It's been a disaster for him. All good since Trump will be the nomination. Anyway, too much politics for this board
Posted by Hangit
The Green Swamp
Member since Aug 2014
45480 posts
Posted on 5/11/23 at 1:40 pm to
quote:

Disney disagreed with the bill


Good, you are now agreeing that Disney picked the fight, by attacking a law designed to protect children.

ETA:
quote:

Disney is the largest employer in the state


You spelled Walmart wrong.
This post was edited on 5/11/23 at 1:41 pm
Posted by Hangit
The Green Swamp
Member since Aug 2014
45480 posts
Posted on 5/11/23 at 1:43 pm to
quote:

Anyway, too much politics for this board


Correct. Their forcing the gay agenda into their movies is killing my DIS stock. This agenda is directly oppositional to what their core consumers want.
Posted by Jjdoc
Cali
Member since Mar 2016
55386 posts
Posted on 5/12/23 at 8:55 pm to
BS!

They absolutely went political over that Bill.


I sold ALL of my Disney over that. And it looks like I came out WAY ahead!


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