Tuesday, December 13, 2016

Rogue One & Disney Stock

"Star Wars Rogue One" comes out on Friday and I'm really excited! I saw "The Force Awakens" 7 times in theaters, since it was episode 7. I will not be watching "Rogue One" that many times though. It should be a great movie, and it'll tide everyone over until episode 8.

I owned Disney stock at some point in this last year, and I remember selling it at a loss. Disney obviously has a lot of great things going for it, but I don't think I've missed out on much by not owning this stock for in awhile. The stock price hasn't moved a whole lot in the past year.

Morningstar.com information about Disney stock - http://www.morningstar.com/stocks/xnys/dis/quote.html

The next dividend Disney will pay will be $0.78. Disney pays dividends twice a year, not four times a year like a lot of stocks. So $1.56 in dividends / $103.85 stock price (closing price today) = 1.50% dividend yield. This isn't great, but it's better than nothing.

With a company like Disney, and the 1.50% dividend yield, this tells me the company is still growing. Morningstar.com has it classified as a "Large Growth" stock.

It also looks like there have been shares being repurchased over the years, which is something I personally like seeing. It looks like I might need to buy a share sometime in the future, but the 2 dividend payments a year is sort of holding me back. In an upcoming post, I will be posting about trying to buy enough dividend stocks to essentially get paid every other day, and buying Disney stock won't help this effort.

Thanks for reading. Are any of you planning on seeing Rogue One this weekend?

Signed,

Mitch

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