The Walt Disney Company
DISCommunication Services · Stock · semiannual payer
Forward Yield
1.50%
Annual Dividend
$1.50
Payout Ratio
20%
5-Yr Growth
—
Ex-Date
Jun 30, 2026
Frequency
Semiannual
Summary
As of June 2026, The Walt Disney Company (DIS) yields 1.50% ($1.50 per share annually), with a blended fair-value estimate of $99.59 — -0% downside, so it screens as fairly valued. Dividend safety grade: C (55/100). 2 years of dividend growth.
Is DIS a good dividend stock?
MixedThe Walt Disney Company (DIS) pays a semiannual dividend yielding 1.50% ($1.50/yr), with 2 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
- Comfortable payout ratio (20%)
Risks
- Cut its dividend in 2024
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.50%
- Payout Ratio
- 20%
- Annual Dividend
- $1.50
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 2
- Frequency
- semiannual
- Beta
- 1.39
- Market Cap
- $173.7B
- P/E Ratio
- 16.0
- 5-Yr Total Return
- -43%
- 52-Week Range
- $92.19 – $124.69
- Dividend Safety
- C · 55/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
DIS Price — Last 12 Months
Daily close
Price Return
1 Year
-19%
3 Years
+12%
5 Years
-43%
52-Week Range
$92.19 – $124.69
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DIS worth?
Fairly valuedlow confidenceOur blended fair-value estimate for The Walt Disney Company is $99.59 per share, versus a market price of $100.04. That implies the stock is roughly fairly priced.
Fair Value
$99.59
Current Price
$100.04
Gap
-0%
Margin of Safety
-0%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about 40.0% annual free-cash-flow growth. We model 11.8% — so the price already assumes faster growth than we think is likely.
Assumptions: 11.3% discount rate (CAPM), 11.8% stage-1 growth, 2.5% terminal growth, $6.25 EPS, $1.50 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
DIS Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Dec 15, 2025 | — | $0.7500 | regular |
| Jun 24, 2025 | — | $0.5000 | regular |
| Dec 16, 2024 | — | $0.5000 | regular |
| Jul 8, 2024 | — | $0.4500 | regular |
| Dec 8, 2023 | — | $0.3000 | regular |
| Dec 13, 2019 | — | $0.8800 | regular |
| Jul 5, 2019 | — | $0.8800 | regular |
| Dec 7, 2018 | — | $0.8800 | regular |
| Jul 6, 2018 | — | $0.8400 | regular |
| Dec 8, 2017 | — | $0.8400 | regular |
| Jul 6, 2017 | — | $0.7800 | regular |
| Dec 8, 2016 | — | $0.7800 | regular |
| Jul 7, 2016 | — | $0.7100 | regular |
| Dec 10, 2015 | — | $0.7100 | regular |
Income Calculator
At $1.50 / yr per share
