Rethinking Disney

In my last entry I discussed building a foundation with a moat around it.  One of my “foundation” companies listed was Disney.  While Disney is a strong, proven company, the more I think about the low, annual dividend the more heartburn I have with the idea of making DIS a cornerstone of my foundation.  I’d still like Disney to find a home in my portfolio someday but I’m leaning towards moving DIS from my foundation and replacing it with PG.  PG pays quarterly and is currently yielding 3.2%.  With that said I am not saying “goodbye” to DIS but I am saying “see you later”.  Hopefully, I see DIS before Star Wars VII hits theaters in December 2015.

• DIS
• PG