Walt Disney Revenue Growth Rate After A Decade
Do you often catch yourself thinking about what your returns would be like today if you had invested in The Walt Disney Company ten years ago? The Walt Disney Company was founded in 1923 by Walt and Roy Disney. The company has grown to be a mass media entertainment conglomerate that operates under the names Walt Disney Studios and Walt Disney Productions.
The company's shares were made publicly available on the stock market for the first time in 1940. At that time, Disney offered 155,000 preferred shares at $25 each and $5 per share for 600,000 shares of common stock. Then on the 2nd of March 2011, the stock prices were set at $43.02 per share. We are currently in March, 2021, a decade away from 2011 and Walt Disney share prices have shot up to $194.98.
Assuming you invested ten years from the 2nd of March 2021 to that same date in 2011, that investment will now be worth $4,998.15 with a return of 17.43% at a total profit of $3,398.15. The Walt Disney Company has been consistent at motivating the world through its theme parks located across the country, ingenious technologies, and iconic films. Disney has continued to rule the streaming service with the introduction of Disney Plus which offers a large collection of films and Tv shows.
Disney has recently reported that Disney Plus subscribers are up to 73.7 million. Disney Plus has added more than 21 million subscribers to the platform in the past three months. Although Walt Disney Company had to shut down many operations in 2020 as a result of the global pandemic with the Theme Park revenue dropping by 53% down to $3.59 Billion.
But recently, the company has been soaring upwards on the stock market and the Theme Park called A Touch of Disney will be welcoming visitors again on the 18th of March. It is expected that 2021 will see similar success from previous years if not more if this pace is maintained. The company common stock is traded on the New York Stock Exchange. If you want to avoid the next decade boom, you can buy and sell shares through The Walt Disney Company Investment Plan.
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