Walt Disney Company (The) (NYSE:DIS) announced a Semi-Annual dividend on Wednesday, November 29th, NASDAQ reports. Shareholders of record on Monday, December 11th will be given a dividend of 0.84 per share by the entertainment giant on Thursday, January 11th. The ex-dividend date is Friday, December 8th.

Walt Disney has a dividend payout ratio of 25.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Walt Disney to earn $6.54 per share next year, which means the company should continue to be able to cover its $1.56 annual dividend with an expected future payout ratio of 23.9%.

Shares of Walt Disney (NYSE:DIS) opened at $105.25 on Friday. Walt Disney has a fifty-two week low of $96.20 and a fifty-two week high of $116.10. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.81 and a quick ratio of 0.74. The company has a market capitalization of $158,960.34, a price-to-earnings ratio of 18.46, a price-to-earnings-growth ratio of 2.24 and a beta of 1.38.

Walt Disney (NYSE:DIS) last released its earnings results on Thursday, November 9th. The entertainment giant reported $1.07 EPS for the quarter, missing analysts’ consensus estimates of $1.12 by ($0.05). Walt Disney had a net margin of 16.29% and a return on equity of 19.66%. The business had revenue of $12.78 billion during the quarter, compared to analyst estimates of $13.30 billion. During the same period last year, the business posted $1.10 EPS. Walt Disney’s revenue was down 2.8% compared to the same quarter last year. equities research analysts expect that Walt Disney will post 6.24 EPS for the current year.

DIS has been the subject of a number of recent analyst reports. Zacks Investment Research raised Walt Disney from a “sell” rating to a “hold” rating in a report on Friday, November 3rd. Piper Jaffray Companies set a $130.00 price target on Walt Disney and gave the company a “buy” rating in a research report on Tuesday, August 22nd. Vetr upgraded Walt Disney from a “buy” rating to a “strong-buy” rating and set a $110.51 price target for the company in a research report on Wednesday, October 11th. Barclays dropped their price target on Walt Disney from $98.00 to $94.00 and set an “equal weight” rating for the company in a research report on Friday, October 13th. Finally, B. Riley restated a “hold” rating and issued a $101.00 price target (up previously from $97.00) on shares of Walt Disney in a research report on Friday, November 10th. Three analysts have rated the stock with a sell rating, seventeen have issued a hold rating and sixteen have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $112.04.

Institutional investors and hedge funds have recently bought and sold shares of the business. AIMZ Investment Advisors LLC lifted its stake in shares of Walt Disney by 8.1% in the 2nd quarter. AIMZ Investment Advisors LLC now owns 2,001 shares of the entertainment giant’s stock valued at $213,000 after purchasing an additional 150 shares in the last quarter. PineView Asset Management LP lifted its stake in shares of Walt Disney by 0.5% in the 2nd quarter. PineView Asset Management LP now owns 29,345 shares of the entertainment giant’s stock valued at $3,118,000 after purchasing an additional 145 shares in the last quarter. Segment Wealth Management LLC lifted its stake in shares of Walt Disney by 3.0% in the 2nd quarter. Segment Wealth Management LLC now owns 4,377 shares of the entertainment giant’s stock valued at $465,000 after purchasing an additional 127 shares in the last quarter. Southeast Asset Advisors Inc. lifted its stake in shares of Walt Disney by 1.4% in the 2nd quarter. Southeast Asset Advisors Inc. now owns 7,922 shares of the entertainment giant’s stock valued at $842,000 after purchasing an additional 110 shares in the last quarter. Finally, Simmons Bank lifted its stake in shares of Walt Disney by 0.4% in the 2nd quarter. Simmons Bank now owns 23,391 shares of the entertainment giant’s stock valued at $2,485,000 after purchasing an additional 100 shares in the last quarter. Institutional investors own 60.19% of the company’s stock.

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About Walt Disney

The Walt Disney Company is an entertainment company. The Company operates in four business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. The media networks segment includes cable and broadcast television networks, television production and distribution operations, domestic television stations, and radio networks and stations.

Dividend History for Walt Disney (NYSE:DIS)

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