
The Walt Disney Company
DISCommunication Services · Entertainment · Stock · semiannual payer
Forward Yield
1.35%
Annual Dividend
$1.50
Payout Ratio
31%
5-Yr Growth
—
Ex-Date
Jun 30, 2026
Frequency
Semiannual
Key facts about DIS's dividend
Data as of · Source: SmarterDividends data
- As of Nov 2, 2026, The Walt Disney Company (DIS) has a forward dividend yield of 1.35%, based on an annual dividend of $1.50 per share and a share price of $110.94.
- As of Nov 2, 2026, DIS's dividend safety grade from SmarterDividends is C (56 out of 100), which rates the dividend as borderline.
- By SmarterDividends' count, The Walt Disney Company (DIS) has raised its dividend for 2 consecutive years as of Nov 2, 2026.
- DIS last cut its regular dividend in 2024.
- DIS's most recent ex-dividend date was Jun 30, 2026, for a dividend of $0.75 per share.
- As of Nov 2, 2026, DIS pays out 31% of its trailing 12-month earnings as dividends (its payout ratio).
- As of Nov 2, 2026, DIS's 1.35% yield is 72% above its five-year average yield of 0.79%.
- As of Nov 2, 2026, SmarterDividends' blended fair-value estimate for DIS is $85.81 per share, 23% below the $110.94 share price, so DIS screens as overvalued.
- The Walt Disney Company (DIS) pays its dividend semiannual, 2 times a year.
Cite this page
SmarterDividends, "DIS Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 2, 2026, https://smarterdividends.com/stocks/DIS
Summary
As of Nov 2, 2026, The Walt Disney Company (DIS) yields 1.35% ($1.50 a year per share), has a dividend safety grade of C (56/100) and has 2 consecutive years of dividend increases on record.
Is DIS a good dividend stock?
MixedThe Walt Disney Company (DIS) pays a semiannual dividend yielding 1.35% ($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 (31%)
Risks
- Cut its dividend in 2024
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 1.35%
- Payout Ratio
- 31%
- Annual Dividend
- $1.50
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 30, 2026
- Years of Growth
- 2
- Frequency
- semiannual
- Beta
- 1.42
- Market Cap
- $191.6B
- P/E Ratio
- 22.9
- 5-Yr Total Return
- -23%
- 52-Week Range
- $92.19 – $117.09
- Dividend Safety
- C · 56/100
- Ever Cut?
- Yes (2024)
DIS dividend changes
The Walt Disney Company (DIS) pays a variable dividend: across the 100 payments on record since 1982, 47 were higher than the one before and 3 lower. The latest change was up 50.0% to $0.750 per share, going ex-dividend on Jun 30, 2026.
| Ex-date | Change | Old → new | Move |
|---|---|---|---|
| Jun 30, 2026 | Higher | $0.500 → $0.750 | +50.0% |
| Dec 15, 2025 | Higher | $0.500 → $0.750 | +50.0% |
| Jun 24, 2025 | Higher | $0.450 → $0.500 | +11.1% |
| Dec 16, 2024 | Higher | $0.300 → $0.500 | +66.7% |
| Jul 5, 2019 | Higher | $0.840 → $0.880 | +4.8% |
| Dec 7, 2018 | Higher | $0.840 → $0.880 | +4.8% |
| Jul 6, 2018 | Higher | $0.780 → $0.840 | +7.7% |
| Dec 8, 2017 | Higher | $0.780 → $0.840 | +7.7% |
| Jul 6, 2017 | Higher | $0.710 → $0.780 | +9.9% |
| Dec 8, 2016 | Higher | $0.710 → $0.780 | +9.9% |
| Jul 7, 2016 | Higher | $0.660 → $0.710 | +7.6% |
| Dec 10, 2015 | Lower | $0.860 → $0.710 | −17.4% |
Frequently Asked Questions
Is DIS a good dividend stock?
Mixed. The Walt Disney Company (DIS) pays a semiannual dividend yielding 1.35% ($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.
Is DIS undervalued?
Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, DIS's fair value is about $85.81 versus a $110.94 share price — so it looks overvalued (-23% vs. fair value).
Is DIS's dividend safe?
DIS has a dividend-safety grade of C (56/100), based on its payout coverage, free-cash-flow, 2-year growth streak, a dividend cut in 2024, debt and yield-versus-history.
What is DIS's fair value?
Our blended fair-value estimate for DIS is about $85.81 per share, about 23% below the current $110.94 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.
Is DIS a buy, hold, or sell?
We don't issue formal ratings, but on the data DIS screens as "mixed" and overvalued. The Walt Disney Company (DIS) pays a semiannual dividend yielding 1.35% ($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. This is research for your own analysis, not investment advice.
Will DIS cut its dividend?
DIS earns a dividend-safety grade of C (56/100), and has cut its dividend before (last in 2024). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.
Does DIS pay a dividend?
Yes. The Walt Disney Company pays a semiannual dividend of about $1.50 per share annually, a forward yield of roughly 1.35%.
What is DIS's dividend yield?
As of Nov 2, 2026, DIS's forward dividend yield is 1.35%, based on a $1.50 annual dividend and a $110.94 share price.
What is DIS's dividend per share?
As of Nov 2, 2026, DIS pays $1.50 per share per year, distributed on a semiannual basis.
What is DIS's dividend payout ratio?
As of Nov 2, 2026, DIS's payout ratio is 31% of trailing 12-month earnings — a comfortable level that leaves room to keep raising the dividend.
How many years has DIS grown its dividend?
As of Nov 2, 2026, DIS has increased its dividend for 2 consecutive years.
When is the next DIS ex-dividend date?
As of Nov 2, 2026, DIS's next ex-dividend date hasn't been announced. The most recent was Jun 30, 2026, for $0.75 per share.
DIS Price — Last 12 Months
Daily close
Price Return
1 Year
+6%
3 Years
+20%
5 Years
-23%
52-Week Range
$92.19 – $117.09
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is DIS worth?
Overvaluedmedium confidenceOur blended fair-value estimate for The Walt Disney Company is $85.81 per share, versus a market price of $110.94. That implies 23% of downside.
Fair Value
$85.81
Current Price
$110.94
Downside
-23%
Margin of Safety
-29%
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 20.5% annual free-cash-flow growth. We model 12.0% — so the price already assumes faster growth than we think is likely.
Assumptions: 11.4% discount rate (CAPM), 12.0% growth for five years fading to 2.5% over the next five, $4.85 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
Full DIS dividend history →| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 30, 2026 | Jul 22, 2026 | $0.7500 | regular |
| Dec 15, 2025 | Jan 15, 2026 | $0.7500 | regular |
| Jun 24, 2025 | Jul 23, 2025 | $0.5000 | regular |
| Dec 16, 2024 | Jan 16, 2025 | $0.5000 | regular |
| Jul 8, 2024 | Jul 25, 2024 | $0.4500 | regular |
| Dec 8, 2023 | Jan 10, 2024 | $0.3000 | regular |
| Dec 13, 2019 | Jan 16, 2020 | $0.8800 | regular |
| Jul 5, 2019 | Jul 25, 2019 | $0.8800 | regular |
| Dec 7, 2018 | Jan 10, 2019 | $0.8800 | regular |
| Jul 6, 2018 | Jul 26, 2018 | $0.8400 | regular |
| Dec 8, 2017 | Jan 11, 2018 | $0.8400 | regular |
| Jul 6, 2017 | Jul 27, 2017 | $0.7800 | regular |
| Dec 8, 2016 | Jan 11, 2017 | $0.7800 | regular |
| Jul 7, 2016 | Jul 28, 2016 | $0.7100 | regular |
Income Calculator
At $1.50 / yr per share
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