So I sell. I usually agree and stay put through any issues, for as long as the dividend is at least maintained. By buying shares in Comcast, I added $0.92/share to my annual dividend income. By buying shares in Comcast, I added $0.92/share to my annual dividend income. In order to avoid falling in love with a company whose best days may be behind it, I sell after a dividend cut or a suspension. We do not want to overweight one of these three types, because the portfolio profile and future growth will be affected. How Does Tata Motors Compare Against A Giant Like Toyota Motors? . In fact 19 of the S&P 500 companies that cut dividends this year are in the consumer discretionary sector. But in reality, I was expecting that much in annual dividend income from my Disney position, before the suspension. It’s a challenging time, but I have no doubt the company will overcome its obstacles. Analysts weigh in on Tesla’s battery day event: Causes for concern. On May 20, 2020. The California State Teachers' Retirement System will lose out on nearly $3 million in the first-half dividend income from Disney. Then, after that, we’ll dive into past dividend trends. The Air Force was impressed with how SpaceX Starlink satellites performed during a live-fire exercise earlier this month. The coronavirus has disrupted many industries, and the House of Mouse isn’t exempt. It had raised dividends for 10 years in a row. Disney's most recent dividend payment was in January for $0.88 per share. Revenue for the parks and experiences segment only fell 10% versus the previous year, well ahead of our projection for a 30% decline. To stay in a position of financial strength, management is making tough decisions. Assuming the suspensions and cuts last a year, S&P 500 investors will lose nearly $37 billion in income. It commands valuable brands in multiple growing industries. BusinessTimes is for folks who likes to get updated before others about latest news of Stock Markets, Business News, Personal Funds, Currencies and Much More. © 2020 VALUEWALK LLC. Realtime quote and/or trade prices are not sourced from all markets. Disney (DIS) is the latest S&P 500 company to suspend or cut its dividend to save cash amid the coronavirus stock market crash. © Copyright 2020 Morningstar, Inc. All rights reserved. Trump SEC Chairman Urges 401ks To Gamble Away Coronavirus…, FBI Head Of Cybersecurity In San Francisco Warns: Look To…, High Cost Of Prescription Drugs Equals Age Discrimination On…, These 7.5%+ Dividends Will Defend Your Retirement Income, Biden Rally: Dow Gains Over 1,000 Points On Surprise Super…, Victoria’s Secret Still Has A Ways To Go To Prove It Can Be…, Supreme Court Won’t Overturn $1.3 Million Age Discrimination…, Chevron’s Proposed Acquisition Of Anadarko Highlights…, For Analysts – Search First To Understand, Then To Be…, BlackBerry Q3 Preview: Focus On The Emerging Automotive…, How The Parts Add Up: The SPDR S&P Bank ETF Headed For…, Why Europe Is The Backbone Of Guess’ Business Model, Ramelius Makes Takeover Bid for Spectrum Metals, If You Wanna Be Successful, Learn To Be Financially Literate, No Fed Drama: After Widely-Expected Rate Cut, Markets Sag…, Trump Administration May Further Limit Pupil Mortgage…, 4 Dividend Stocks To Survive The Trade Wars, How The 2020 Elections Will Affect Your Retirement…, Fixing Underfunded Private Sector Pensions With Financial….