Do you own Disney stock?

[tajz90]

Did anyone notice this update?

Next year, the Walt Disney Co. is going to increase their amount of stock buybacks by almost double. According to Chief Financial Officer Jay Rasulo, the company has been spending about $4 billion on repurchasing their shares; in 2014, that amount will increase to $6-8 billion. He said the action is the result of the company is feeling confident about upcoming movie releases. After Rasulo's remarks, the price of Disney shares went up 2.5 percent to $65.57.

(from the News section of disboards)

Same day this was released, analysts were predicting the stock up by 30 % by the end of the year. That would be awesome!

 

[rwielatz]

Does anyone know what the minimum purchase us to have the dividends automatically re-invested (without monthly purchases)? I thought it was 1,000 but after reading the corporate website, now I think its lower. I want to get some for my two daughters (12yo each) but I don't want to make monthly contributions, just want the dividends to be re-invested. Thanks for any info. I've been meaning to call but haven't had a chance.

 

[aboveH20]

Does anyone know what the minimum purchase us to have the dividends automatically re-invested (without monthly purchases)? I thought it was 1,000 but after reading the corporate website, now I think its lower. I want to get some for my two daughters (12yo each) but I don't want to make monthly contributions, just want the dividends to be re-invested. Thanks for any info. I've been meaning to call but haven't had a chance.

I have less than 1000 shares and reinvest dividends, but I don't know the minimum.

 

[rwielatz]

Thanks. Sorry I wasnt clear before I meant $1000 worth of stock, not 1,000 shares. Guess I shouldn't be typing on this tiny phone...lol. Thanks again.

 

[ZehnJahren]

Thanks. Sorry I wasnt clear before I meant $1000 worth of stock, not 1,000 shares. Guess I shouldn't be typing on this tiny phone...lol. Thanks again.

I started off with far less than $1000 and mine is reinvested automatically. You just have to request that option.

 

[eliza61]

Currently yes. I've owned it off and on as part of my portfolio for a long time. But I'm not sentimental about it. If I need to sell it or I don't think it will give me the return I want, I'll sell it.

This.

It's simply a part of my portfolio. I haven't brought any new shares in a while.

 

[mkymouse40]

I've had mine for over 15 years and I sure didn't notice that it has split several times. It seems like it never goes up in value. I guess I better take a closer look at it. My dividends roll over automatically, so I really don't notice anything until tax time.

I started buying mine when I was a cast member at the Disney Store and had an automatic purchase plan for each payroll. I only worked there for 2 years and have not purchased any additionaly shares.

 

[Gamegrl1]

Yes, I have some. Not a ton. Thanks for the reminder...just checked and it's up $1,180 from when I bought it...last year(?). Hmmm...will have to think what to do about that.

Figured it's a solid company so it'd be a reasonable purchase. And every time someone I know goes to Disney I can say "thank you!", haha.