Walt Disney Co. has raised its dividend by 33% to $1 per share, a move that reflects ongoing financial struggles and uncertain future prospects.
Disney's stock, up 17% in two years, underperformed the S&P 500's 49% rise, revealing weaknesses in financial results despite a modest revenue increase.
The company’s theme park revenue saw only a 1% rise while operating income dropped 6%, raising questions about whether prices have become too high.
Despite a dividend increase, the board's decision not to signal a full recovery for Disney comes amid challenges in media, parks, and fierce competition.
Collection
[
|
...
]