This global entertainment company is still delivering double-digit growth and just boosted its dividend by 34%, and now pays $1.15/share annually to its shareholders.
The Walt Disney Company (DIS)
from DRIP Investor
The Walt Disney Company (DIS) is one of my favorite long-term investments. The firm has strong market positions in a host of attractive markets—theme parks, entertainment, movies, and broadcasting. The company has been effective in wringing out profits from its brands. Movie operations should get a lift in 2015 with the next installment of the now Disney-owned Star Wars franchise.
Lower gas prices are good news for the company’s theme-park business. And while broadcasting and cable companies are grappling with disruptive technologies in their markets, Disney still owns strong brands, including ABC network and ESPN cable sports programming.
Disney’s direct-purchase plan has a minimum initial investment of $250, but the firm will waive the minimum if an investor agrees to automatic monthly investment of at least $50. For enrollment information call (855) 553-4763 or visit the company’s transfer agent, Broadridge, at stockplans.broadridge.com.
Charles A. Carlson, CFA, DRIP Investor, www.dripinvestor.com, 800-233-5922, December 2014