Quote:
Originally Posted by finfangfan
Disney made another all-time high yesterday after it crossed $190 for the first time. The stock has performed extremely well overall during the pandemic on the strength of robust DIS+ subscriptions.
Now it looks like the recent stock price upswing is being driven by the optimism of a post-Covid world bringing back bread and butter theme park and movie revenues.
This stock is a forever hold for me, but it’s nice to see it have such a strong year with all of the challenges. Heck... even Iger stepped down last year and they dropped the dividend.
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Great company. Great stock. Dropping the dividend actually helps a little in the valuation of the stock. You don't have a guaranteed quarterly drop of a buck or so. That said, dividend compilers drop the stock since it no longer pays. One of these is qualitative and one is quantitative.
02-09-2021, 06:24 AM
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