"However, since its YTD low on April 8, DIS is up 36.33%. Over the past year, Disney is up 15.20% while paying a dividend that currently yields 0.90% - or 25 cents - per quarter. The company has enjoyed bullish momentum after announcing blowout Q1 earnings and then beating on the top and bottom lines when it reported Q2 earnings of $1.45 and revenue of $23.62 billion."
"Disney announced in January that it will be merging its Hulu + Live TV service with its competitor, Kubo. Disney will own 70% of the new company, which will continue to operate under the Fubo brand. Fubo CEO David Grandler and his management team will continue to lead the company. If Disney and its CEO Bob Iger can continue to grow new and existing business lines, shareholders should take comfort with the company's future stock performance over the next one, five and 10 years."
Shares of Walt Disney Company fell 3.27% over the past month after a 1.31% decline the month prior, reducing the year-to-date gain to 0.58%. Since the YTD low on April 8, the stock has risen 36.33%. Over the past year, Disney is up 15.20% and pays a quarterly dividend of $0.25, yielding 0.90%. The company reported blowout Q1 results and beat expectations in Q2 with EPS of $1.45 and revenue of $23.62 billion. Disney announced a new theme park in Abu Dhabi and a merger combining Hulu + Live TV with Kubo under the Fubo brand, with Disney owning 70%.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]