food IS a theme park
The Walt Disney Company is issuing shareholders cash dividends for the first time in three years.
©Disney
Disney suspended the dividend in May 2020 when it was priced at $0.88 per share. Before COVID, Disney declared dividends semi-annually. The $0.30 per share dividend will be “payable January 10, 2024, to shareholders of record at the close of business on December 11, 2023,” and now, we’ve got a bit more information.
The Walt Disney Company has seen its fair share of ups and downs over the last few years.
©Disney | Walt Disney Company Headquarters
From lawsuits and less-than-stellar Disney+ subscriber numbers to political controversy and more — it’s been a rough time to be a Disney fan, and likely an even rougher time being a Disney shareholder. But, good news is here for shareholders for the first time since 2020.
Disney has reported some big losses when it comes to streaming (to the tune of around $1.5 BILLION). That, among other factors, led to the end of Bob Chapek’s time as CEO and the reintroduction of Bob Iger in the CEO position.
Star Wars: Galaxy’s Edge
But what’s been going on with the Disney parks? While streaming continues to lose money, the Disney parks are holding up the ship and bringing in BIG revenues and promising news in terms of demand still outpacing capacity. Now, we’ve got a more in-depth look at just what’s been going on with the parks and why those increased prices you’re paying for tickets might not go away anytime soon.
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