Free Trial

Disney dividend is back as big investors press for board changes

Key Points

  • Disney announced a 30-cent dividend, reinstating the shareholder payout after a pause that begin in 2020 due to pandemic closures of movie theaters, theme parks and cruises.
  • Activist investor Ancora sent Disney shareholders a letter encouraging a board seat for Nelson Peltz, who holds a $2.5 billion stake.
  • Ancora criticized Disney's governance, succession planning, and value destruction, calling for shareholder-driven change.
  • MarketBeat previews the top five stocks to own by June 1st.

unlock icon  Upgrade Now

This premium article is available to MarketBeat All Access subscribers only. Log in to your account or sign up below.

Already have an account? Log in here.

Should You Invest $1,000 in Walt Disney Right Now?

Before you consider Walt Disney, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Walt Disney wasn't on the list.

While Walt Disney currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Kate Stalter
About The Author

Kate Stalter

Contributing Author

Retirement, Asset Allocation, and Tax Strategies

Like this article? Share it with a colleague.

Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Walt Disney (DIS)
4.5506 of 5 stars
$102.02+10.7%0.98%33.23Moderate Buy$123.75
Communication Services Select Sector SPDR Fund (XLC)N/A$97.45-0.2%1.07%17.97Moderate Buy$96.99
Netflix (NFLX)
4.1197 of 5 stars
$1,155.41+1.6%N/A58.27Moderate Buy$1,084.91
Paramount Global (PARA)
1.0488 of 5 stars
$11.58+0.7%1.73%-1.41Reduce$11.58
Compare These Stocks  Add These Stocks to My Watchlist 

Featured Articles and Offers

Recent Videos

Palantir’s Big Moves: Profit-Taking, Price Targets & AI Potential
Buy Early: 3 Tech Trends With Millionaire-Making Potential
SMCI Stumbles on Earnings: Why Some Investors Still Want In

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines