Talk of The Villages Florida - View Single Post - Disney paying dividends, not employees
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Old 04-22-2020, 02:08 PM
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Quote:
Originally Posted by blueash View Post
I used Carnival as an example that I easily found that corporations can and do suspend dividends to shareholders when they have a business downturn. I didn't say anything regarding Carnival otherwise. I agree Disney employees should qualify if they are not being paid by Disney.

My argument is that if Disney has 1.5 billion in cash they are planning on paying out in July, that the money should go to its workers, not to its stockholders. You actually are allowed to furlough workers and still pay them. Workers >>> stockholders in my ideal world. YMMV
However, the only LEGAL requirement put upon a corporate board of directors is to MAKE A PROFIT for their shareholders.