SmarterDividends
DIS

The Walt Disney Company

DIS

Communication Services · Entertainment · Stock · semiannual payer

$110.94

Overvalued · -23% Add to Portfolio

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?

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.

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-dateChangeOld → newMove
Jun 30, 2026Higher$0.500 → $0.750+50.0%
Dec 15, 2025Higher$0.500 → $0.750+50.0%
Jun 24, 2025Higher$0.450 → $0.500+11.1%
Dec 16, 2024Higher$0.300 → $0.500+66.7%
Jul 5, 2019Higher$0.840 → $0.880+4.8%
Dec 7, 2018Higher$0.840 → $0.880+4.8%
Jul 6, 2018Higher$0.780 → $0.840+7.7%
Dec 8, 2017Higher$0.780 → $0.840+7.7%
Jul 6, 2017Higher$0.710 → $0.780+9.9%
Dec 8, 2016Higher$0.710 → $0.780+9.9%
Jul 7, 2016Higher$0.660 → $0.710+7.6%
Dec 10, 2015Lower$0.860 → $0.710−17.4%
DIS ex-dividend date & scheduleNext ex-date Jun 30, 2026 · full ex-dividend historyView →DIS dividend historyEvery payment, totals by year, raises and cutsView →

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.