Money From Disney!

[dcentity2000]

I have one - just one - share in Disney, just for the hell of it.

I just got a letter with a cheque for seventeen cents! Woo-hoo!

It also states that during the 2004 fiscal year, Disney:

• Grew earnings per share by over 60%
• Delivered a record cash flow from operations
• Saw a share price increase of 11.8%

Dividends are now at just over 14%.

Everything looks good Thank oo Mr. Eisner, now I'm off to buy 8 penny sweets



Rich::

 

[Cheshire Figment]

Was there an explanation of why you only received $ 0.17. The declared dividend was actually $ 0.24 per share. You might ask them what happened to your other $ 0.07!

 

[KathiWithAnI]

When I left the Disney Store, I sold all but one of my shares and had that one issued to me so I could have the pretty certificate in my house! All that to say, I did get the .24 that cheshire figment spoke of, I was wondering why yours is only 17 cents too?

 

[hAm53]

probably due to the exchange rate. i think rich is from "across the pond"

 

[disney13]

Yep, the taxman took the other 7 cents. I also have one Disney share. To be honest, I'd prefer that they didn't send the cheque out to me but sent it to a charity.

Does anyone know if this is possible?

Andy

 

[Planogirl]

If it was the exchange rate, wouldn't he actually get more since the dollar is so low? All this talk of pennies is funny.

 

[grinningghost]

You really should call Disney and book a trip - when they ask for a credit card number for a deposit, you can say "I'd really rather use my Disney shareholder earnings as my deposit, put me down for 17 cents". I can just imagine what the person on the other end of the phone would be thinking.

 

[hawkrn]

ok, I got my 24 cents too, but I'm more interested in the proxy materials. I have been paying attention to the Eisner pro/con debates, but I know nothing about the other board members and if I should vote yes or no. Does anyone know if there is a thread out there concerning people's thoughts on this? Thanks

 

[WDSearcher]

Was there an explanation of why you only received $ 0.17. The declared dividend was actually $ 0.24 per share.

I believe the OP is from UK. Could be an exchange rate thing?

 

[WorldlyWise]

http://www.savedisney.com/news/comcast_comment.asp

 

[dcentity2000]

I lost seven cents?!

That confounds things! The dollar is low so I get less anyway (8 pence) which is - gasp - only 8 penny sweets! Aaarrrggghh!

Rant over. It would be nice to have them pay it into some form of charity - I only have the share because the Disney share certificates are so darn cool! The nice coloured report book is just a bonus



Rich::

 

[paulh]

they usaly pay the dividend in 2 insalments a small one half way throught the acounting year interum and and a final one at the end of the accounting period this is to give you some money and also encuage you to hold onto them so if you add up the 2 payments they will add up to the full dividend
Paulh