[biker1]

Bizarre comment. Individual investors are not guaranteed a dividend. If you are expecting a dividend and it doesn’t appear then you are free to sell your shares and invest elsewhere. Your only input to the corporation is your vote for board members and your buying/selling of shares of stock. Now, it seems like some companies have always issued dividends but that is not a guarantee that they always will. Oh, and by the way, many equity mutual funds own Disney. Chances are that if you own shares of a non-market segment mutual fund, you own shares of Disney.

Originally Posted by JoMar

Not corporate greed, individual greed by those that have Disney in their portfolios. They want their dividend since that is what their strategy is....if your dividend is diverted without your input would you be ok with that? If the investors are then I assume the Corporations could divert dividend payments for whatever they determine is more important.

[manaboutown]

Abigail Disney Slams Walt Disney Company over $1.5 Billion Executive Bonuses as It Furloughs Workers

[ficoguy]

Originally Posted by blueash

Disney recently furloughed about 100,000 salaried employees which saves the corporation abt $500,000,000 [corrected] per month. They are continuing to cover health insurance. They wrote to their employees to be sure to apply for the federal program giving them $600/wk in extra unemployment and Florida benefits of $275/wk.

Here is the reason for my post. In July Disney is scheduled to pay it shareholders $1,500,000,000 in dividends. That would cover 3 months of salary to its employees and save you the taxpayer of FL and USA from assuming the cost. If the 500,000,000 [corrected] per month is the savings to Disney, that would also then include Disney's employer contribution to Social Security, Medicare, and the state Unemployment Fund. So these programs are being non-funded by paying stockholders instead of workers.

It seems that the shareholders who invest expecting a share of the profit of the corporation would be expected to take a hit when the corporation does poorly. Why isn't Disney cancelling the July dividend and instead using that money to pay its workers.

Carnival cruise has cancelled its dividend. It can be done.

And Carnival's cost of capital will go up. They will have to borrow instead of relying on equity because the reward has been taken off the table for shareholders. Debt will reduce EPS - dividends reduce cash but not earnings. Investors will be reluctant to make additional capital investment, so now the cost of capital goes up and the financial statement ratios become skewed. You need to look at the big picture.

[justjim]

Originally Posted by ficoguy

Well it’s the cost of capital. Without capital corporations can’t operate. Shareholders are getting a very modest dividend compared to what the interest would be if they replaced equity with debt. Shareholders are owners of the company. Employees are stakeholders. So don’t get all pompous on a dividend that represents a return on risk that investors have taken

“Labor is prior to and independent of capital. Capital is only the fruit of labor and could never have existed if labor hadn’t existed first. Labor is the superior of capital, and deserves much the higher consideration.” Abraham Lincoln December 3, 1861

[ficoguy]

Originally Posted by ColdNoMore

Is the Morse Family greedy because they try to maximize profits?
Is the District greedy because they try to minimize costs?
Greed is in the eye of the envious...

[GoodLife]

Originally Posted by junction29

Because Corporate Greed always takes precedence over Corporate Responsibility - What ever headlines there are, we are never, ever ‘All in this together’

If you have ever bought or sold stocks
If your IRA own stocks
If you get paid a pension from an entity that owns stocks

You are taking part in "corporate greed" We all are in it together

[ficoguy]

Originally Posted by blueash

Disney recently furloughed about 100,000 salaried employees which saves the corporation abt $500,000,000 [corrected] per month. They are continuing to cover health insurance. They wrote to their employees to be sure to apply for the federal program giving them $600/wk in extra unemployment and Florida benefits of $275/wk.

Here is the reason for my post. In July Disney is scheduled to pay it shareholders $1,500,000,000 in dividends. That would cover 3 months of salary to its employees and save you the taxpayer of FL and USA from assuming the cost. If the 500,000,000 [corrected] per month is the savings to Disney, that would also then include Disney's employer contribution to Social Security, Medicare, and the state Unemployment Fund. So these programs are being non-funded by paying stockholders instead of workers.

It seems that the shareholders who invest expecting a share of the profit of the corporation would be expected to take a hit when the corporation does poorly. Why isn't Disney cancelling the July dividend and instead using that money to pay its workers.

Carnival cruise has cancelled its dividend. It can be done.

Its a business, not a charity

[Lindamct]

If we had not over reacted to this, so far statistically uneventful virus our kids would still have jobs and our grandchildren would not be crying because they can't go to school and had to cancel their Disney trip. Look at the Sweden numbers. Please

[ColdNoMore]

Originally Posted by GoodLife

If you have ever bought or sold stocks
If your IRA own stocks
If you get paid a pension from an entity that owns stocks

You are taking part in "corporate greed" We all are in it together

Wrong, NOT "all"..by any means.

In fact, it's barely over 1/2...that own stocks in ANY form.

Click Here

Only 51.9% of Families Own Stock

When you look at the entire population of the United States, fewer than 52% of families own stock.

They can own it through a taxable brokerage account or a retirement account, but only 51.9% own any stock whatsoever.

[pooh]

All employees were paid for 5 weeks, until April 18th. Health benefits will continue with Disney paying employers and employee contributions. Parks and resorts may be closed, but properties still require maintenance and care. Revenue has drastically diminished, but expenses beyond salary still continue. Stockholders help keep this company going and growing. If Disney fails, the economic impact for FL would be beyond terrible. My 2cents.

[JoMar]

Originally Posted by biker1

Bizarre comment. Individual investors are not guaranteed a dividend. If you are expecting a dividend and it doesn’t appear then you are free to sell your shares and invest elsewhere. Your only input to the corporation is your vote for board members and your buying/selling of shares of stock. Now, it seems like some companies have always issued dividends but that is not a guarantee that they always will. Oh, and by the way, many equity mutual funds own Disney. Chances are that if you own shares of a non-market segment mutual fund, you own shares of Disney.

Never said it was guaranteed, not sure where you got that. But investments are made based on past performance, the portfolios including mututal funds performance is also based on past performance. I only said that dividends are part of the investment strategy. If a Company decides to redirect or not pay then that would impact the individuals strategy.

[retiredguy123]

Originally Posted by vilger

It's laughable to call what we have now capitalism. Disney, Carnival and the rest of corporate America have borrowed trillions over the past 10 years to buy back their stock and to pay dividends, to the detriment of corporate balance sheets. So when an economic recession occurs like now, they are ill prepared for it and ask the Fed and taxpayers to bail them out. Bernie was right when he said socialism is good for the top, but it's rugged individualism for everyone else.

Almost all of the wealth and income that the Federal Government collects comes from the profit made by private companies and their employees, who only have a job because the company makes a profit. Where else do you think the Government gets money? So, when a corporation asks for a bailout or loan from the Fed or the taxpayers, they are actually asking for their own money back.

Yes, corporations may not be prepared to deal with a recession because they cannot print money or borrow it from future generations like the Federal Government does. Also, Carnival is a foreign company that is not part of corporate America.

[vilger]

Originally Posted by retiredguy123

Almost all of the wealth and income that the Federal Government collects comes from the profit made by private companies and their employees, who only have a job because the company makes a profit. Where else do you think the Government gets money? So, when a corporation asks for a bailout or loan from the Fed or the taxpayers, they are actually asking for their own money back.

Yes, corporations may not be prepared to deal with a recession because they cannot print money or borrow it from future generations like the Federal Government does. Also, Carnival is a foreign company that is not part of corporate America.

I don't see the government bailing me out when I make bad investment decisions in my brokerage account, and I pay taxes. But then again, I am not part of the top 1%, and I don't have an army of lobbyists advocating for me in Washington and providing under the table graft.

[GoodLife]

Originally Posted by ColdNoMore

Wrong, NOT "all"..by any means.

In fact, it's barely over 1/2...that own stocks in ANY form.

Click Here

52% Hey that's enough to decide a Presidential election!

Now give me the percentage of Villagers commenting on this thread who have owned stocks, IRAs, pensions etc

[golfing eagles]

Originally Posted by Lindamct

If we had not over reacted to this, so far statistically uneventful virus our kids would still have jobs and our grandchildren would not be crying because they can't go to school and had to cancel their Disney trip. Look at the Sweden numbers. Please

///