Benefits for owning Disney stock
lgra...@atk.corp.es.com
I have heard that one can get good discounts on a WDW vacation if they are
Disney stock owners. Where can i get info on what these benefits/discounts
are?
Thanks,
Lane
Caleb & Michele Warner
fee for the Magic Kingdom Club ($50 as compared to $65). This membership
will then get you discounts on your WDW vacation.
Michele
Ron Vutpakdi
|>
|> I have heard that one can get good discounts on a WDW vacation if they are
|> Disney stock owners. Where can i get info on what these benefits/discounts
|> are?
There are no discount benefits to owning Disney stock except for a
discount on the Gold Magic Kingdom Club. The MKC provides a 10-30% discount
on hotel accomodations as well as a 10% discount at Disney Stores. I
do not know what the fee is.
Some company credit unions provide free membership to MKC.
Ron
--
******************************************************************************
Ron Vutpakdi * Schlumberger Well Services - HPC
vutpakdi@.slb.com * (713)-275-4625
mja...@opal.tufts.edu
NOT get special perks except for a discount on the Magic Kingdom Club Gold
Card. Once and for all: we don't get park passes, fabulous discounts, or any
other special things. I for one get my MKC card for free from my employer even
though I do own stock. I own Disney stock for one reason, an investment. THAT
is the best reason to own it, IMO.
MargaretIn article <4cs7gt$4...@atk.corp.es.com>, lgra...@atk.corp.es.com ()
writes:
>
> I have heard that one can get good discounts on a WDW vacation if they are
> Disney stock owners. Where can i get info on what these benefits/discounts
> are?
>
> Thanks,
>
> Lane
SUSETTE KABACK
C&>ÿ@FROM :war...@neca.com
C&>ÿ@N SUBJECT:Re: Benefits for owning Disney stock
C&>ÿ@N UMSGID :<4cudbg$7...@taurus.neca.com>
C&>ÿ@N UNEWSGR:01rec.arts.disney.parks
C&>N From: Caleb & Michele Warner <war...@neca.com>
C&>Newsgroups: rec.arts.disney.parks
C&>Organization: NECAnet
C&>The only benefit you get as a Disney Stockholder is a reduced
C&>membership fee for the Magic Kingdom Club ($50 as compared to $65).
C&>This membership will then get you discounts on your WDW vacation.
Ypu forgot the NEW big discount this year? the discounted tix to see
Beauty and the Beast on Broadway...
( think they could give us just a little something more?)
C&>lgra...@atk.corp.es.com () wrote:
C&>>
C&>>I have heard that one can get good discounts on a WDW vacation if
C&>they are >Disney stock owners. Where can i get info on what these
C&>benefits/discounts >are?
Not true at all.. I am a stockholder and we USE to get a free mkc card
and reinvest our dividends but all we get now is a proxy to vote!
---
þ CMPQwk #1.42þ UNREGISTERED EVALUATION COPY
Bob Calbridge
>
>Where does everyone keep getting this false information from. Stockholders DO
>NOT get special perks except for a discount on the Magic Kingdom Club Gold
>Card. Once and for all: we don't get park passes, fabulous discounts, or any
>other special things. I for one get my MKC card for free from my employer even
>though I do own stock. I own Disney stock for one reason, an investment. THAT
>is the best reason to own it, IMO.
>
Which leads to the question, how is Disney stock doing? Is it
a good investment? If I had money to invest I'd probably consider
Disney. But then I have a slight bias.
Bob
Mama Lani
>Where does everyone keep getting this false information from. Stockholders DO
>NOT get special perks except for a discount on the Magic Kingdom Club Gold
>Card. Once and for all: we don't get park passes, fabulous discounts, or any
>other special things. I for one get my MKC card for free from my employer even
>though I do own stock. I own Disney stock for one reason, an investment. THAT
>is the best reason to own it, IMO.
Don't know long you've owned Disney stock--but it used to be that the
stock holders *did* get perks. THAT is why people still continue to ask
to this day. Disney changed its policy when they realized the majority
only owned ONE share, specifically for the perks (and that it cost more
to provide the perks than it was worth).
--
* This is Lani Teshima-Miller, posting live from Honolulu, Hawaii on LAVA *
* We paved paradise, put up a parking lot--and now our state govt's broke *
* la...@lava.net--fun stuff; tes...@hawaii.edu--work. 1996 UA M+ Premier *
* Rec.arts.bodyart Tattoo FAQ maintainer...FDC Walkaround Mr. Potato Head *
SUSETTE KABACK
BC>In article <1996Jan1...@opal.tufts.edu>, mja...@opal.tufts.edu
BC>says... >
BC>>Where does everyone keep getting this false information from.
BC>Stockholders DO >NOT get special perks except for a discount on the
BC>Magic Kingdom Club Gold >Card. Once and for all: we don't get park
BC>passes, fabulous discounts, or any >other special things. I for one
BC>get my MKC card for free from my employer even >though I do own
BC>stock. I own Disney stock for one reason, an investment. THAT >is the
BC>best reason to own it, IMO. >
BC>Which leads to the question, how is Disney stock doing? Is it
BC>a good investment? If I had money to invest I'd probably consider
BC>Disney. But then I have a slight bias.
bought at 32... it is now over 60.. it is a stock that performs over a
longer period...
mja...@opal.tufts.edu
however own much more than one share and I did NOT buy it for the perks. This
question has been asked so many times in the past year that it is getting
crazy. Besides, the best perk, the MKC card can be had for FREE from most
employers.In article <4da0cf$6...@malasada.lava.net>, la...@lava.net (Mama Lani)
writes:
mja...@opal.tufts.edu
approximately 250%. There's no telling what will happen once the ABC/Disney
deal is finalized. I think it will still do well, given the fact that it is a
diverse, international company.In article <4d67tf$5...@news.dcccd.edu>, bcalb...@dcccd.edu (Bob
Calbridge) writes:
> In article <1996Jan1...@opal.tufts.edu>, mja...@opal.tufts.edu says...
>>
>>Where does everyone keep getting this false information from. Stockholders DO
>>NOT get special perks except for a discount on the Magic Kingdom Club Gold
>>Card. Once and for all: we don't get park passes, fabulous discounts, or any
>>other special things. I for one get my MKC card for free from my employer even
>>though I do own stock. I own Disney stock for one reason, an investment. THAT
>>is the best reason to own it, IMO.
>>
>
>
>
Pam Wilt
product/arm of the co. You get to see what movies are currently in
production, facts and figures.
Last year the annual meeting was at the Contemporary in Feb. - is that
happening soon someplace for this year?
Best, Pam
ChrisDisny
plan to any time soon. They reinvest in the company
Caleb & Michele Warner
>Disney is a good stock to own but they do not pay dividens nor do they
>plan to any time soon. They reinvest in the company
Actually, they do pay dividends. My daughter owns 8 shares of Disney
stock and gets a check for $.90 every quarter, like clockwork. :)
Michele
Jill Morgan
>Disney is a good stock to own but they do not pay dividens nor do they
>plan to any time soon. They reinvest in the company
They pay $.09/share which iis a .6% return. Not much but
definitely a quarterly dividend.
Jill
A Disney stockholder with dividends reinvested
Peter Smith
ChrisDisny (chris...@aol.com) writes:
> Disney is a good stock to own but they do not pay dividens nor do they
> plan to any time soon. They reinvest in the company
I heard that they used to give admission discounts to shareholders, but
that that had since been discontinued. Any truth to this?
--
-------------------------------------------------------------------
Pete Smith Buy "local" produce - support sustainable agriculture
Manotick
692-1058
Bob Calbridge
>
>chris...@aol.com (ChrisDisny) wrote:
>>Disney is a good stock to own but they do not pay dividens nor do they
>>plan to any time soon. They reinvest in the company
>
>definitely a quarterly dividend.
>
>Jill
>A Disney stockholder with dividends reinvested
>
things in perspective.
Bob (A Disney wanna own stocker)
Robert A. Yetman
>Disney is a good stock to own but they do not pay dividens nor do they
>plan to any time soon. They reinvest in the company
Actually, Disney does pay dividends. My wife and I get a check every
quarter for 8 or 9 cents (we own one share).
Julie Mandell
shareholders used to get great discounts. Several times we got 40% off
the regular rates at the yacht and beach club in the off season (October,
a great time to go) They stopped it at the time of the split , citing
the increased number of stockholders they would gain at the lower more
affordable stock price. Julie Mandell
Kjcottrell
<war...@neca.com> writes:
>chris...@aol.com (ChrisDisny) wrote:
>>Disney is a good stock to own but they do not pay dividens nor do they
>>plan to any time soon. They reinvest in the company
>
>
>
>Actually, they do pay dividends. My daughter owns 8 shares of Disney
>stock and gets a check for $.90 every quarter, like clockwork. :)
Yes, they do pay dividends. Not a lot in income producing stock terms.
Disney is a capital gains type of stock. It increasing in overall value
through time and one makes money when s/he sells it.
Kenny Cottrell
Michael Dunn Jr.
In article <4em8h8$o...@news.ais.net> Julie Mandell wrote:
>Date: 30 Jan 1996 23:10:32 GMT
>From: Julie Mandell <juli...@starnetinc.com>
>Newsgroups: rec.arts.disney.parks
>Subject: Re: Benefits for owning Disney stock
Does anyone know when the annual stockholders meeting is? Where is
it held at? Is every stockholder invited? When is information
sent out about it?
Any information is greatly appreciated....
Thanks
Mike
Kjcottrell
<Skyb...@gnn.com> writes:
>Does anyone know when the annual stockholders meeting is? Where is
>it held at? Is every stockholder invited? When is information
>sent out about it?
The stockholder meetings have (in the past and prior to the merger with
Cap Cities/ABC) been held alternately in CA and FL. {Does anyone think
New York will be added to this rotation when the merger is completed and
finalized?} I don't remember when Disney does theirs, but most annual
meetings are held in the spring. A stockholder can expect to get an
annual report and proxy at least a month before the annual meeting. All
stockholders have a right to be present at annual meetings and therefore
are always invited.
Kenny Cottrell
kim cool
> chris...@aol.com (ChrisDisny) wrote:
> >Disney is a good stock to own but they do not pay dividens nor do they
> >plan to any time soon. They reinvest in the company
>
>
>
> Actually, they do pay dividends. My daughter owns 8 shares of Disney
> stock and gets a check for $.90 every quarter, like clockwork. :)
>
> Michele
I own stock and get my dividends every quarter while watching the price go
ever upward and when I attend a shareholder's meeting I get a great show
and a free ticket to the parks....and that's a really wopper
deal....sompute that kind of interest!
Donald's other girlfriend
Pete LaMaster
: The stockholder meetings have (in the past and prior to the merger with
: Cap Cities/ABC) been held alternately in CA and FL. {Does anyone think
: New York will be added to this rotation when the merger is completed and
: finalized?} I don't remember when Disney does theirs, but most annual
: meetings are held in the spring. A stockholder can expect to get an
: annual report and proxy at least a month before the annual meeting. All
: stockholders have a right to be present at annual meetings and therefore
: are always invited.
: Kenny Cottrell
Be warned that there are SO MANY shareholders of Disney stock that it
can be impossible to get into the annual meeting. This is a sore point
with me since it seems that MANY people buy 1 share of Disney stock, then
plan their vacation to coincide with the annual meeting - and capitalize
on the 1-day free park pass which is traditionally given out. In essence,
everyone who does this is hurting Disney by getting nearly the entire price
of their stock back - in the form of a pass. Meanwhile, the fact that
12,000 people show up for the annual meeting means that the traffic jam
was 10 miles long - and my wife and I were unable to get in because all
available space was filled more than an hour before the meeting started.
We are annual pass-holders anyway, so the free pass was useless to us...
but we missed out on the meeting. I published statistics on the number
of Disney shareholders last year. I don't have them at hand, but something
like 90% of shareholders hold less than 10 shares. That's fine for most
companies - but Disney is now incurring substantial costs to adminster
the accounts of the 1-share-holders - and it is now virtually impossible
for Disney to find facilities which will house their annual meeting.
Perhaps "Disney magic" will prevail - through video links to other sites...
or maybe they can just broadcast it over ABC.
Pete LaMaster - Melbourne, FL
FDC Corporate Guy in Charge of Facial Hair
fdev...@altair.selu.edu
> In article <4emu5m$6...@news-e2a.gnn.com>, Michael Dunn Jr.
> <Skyb...@gnn.com> writes:
>
>>Does anyone know when the annual stockholders meeting is? Where is
>>it held at? Is every stockholder invited? When is information
>>sent out about it?
>
> Cap Cities/ABC) been held alternately in CA and FL. {Does anyone think
> New York will be added to this rotation when the merger is completed and
> finalized?} I don't remember when Disney does theirs, but most annual
> meetings are held in the spring. A stockholder can expect to get an
> annual report and proxy at least a month before the annual meeting. All
> stockholders have a right to be present at annual meetings and therefore
> are always invited.
>
> Kenny Cottrell
stockholders' meeting there. The regular meeting is in February, and as
Kenny said, is held sometimes at WDW, sometimes in Ca. Every stockholder
of record as of December is invited, but due to space limitations, can no
longer bring guests w/ them. They do give each stockholder a one day pass
to one of the parks as they leave the meeting.
EROTICA
Pete,
L>: stockholders have a right to be present at annual meetings and therefore
PL>: are always invited.
PL>
PL>: Kenny Cottrell
PL>
PL>Be warned that there are SO MANY shareholders of Disney stock that it
PL>can be impossible to get into the annual meeting. This is a sore point
PL>with me since it seems that MANY people buy 1 share of Disney stock, then
PL>plan their vacation to coincide with the annual meeting - and capitalize
PL>on the 1-day free park pass which is traditionally given out. In essence,
PL>everyone who does this is hurting Disney by getting nearly the entire price
PL>of their stock back - in the form of a pass. Meanwhile, the fact that
PL>12,000 people show up for the annual meeting means that the traffic jam
PL>was 10 miles long - and my wife and I were unable to get in because all
PL>available space was filled more than an hour before the meeting started.
PL>We are annual pass-holders anyway, so the free pass was useless to us...
PL>but we missed out on the meeting. I published statistics on the number
PL>of Disney shareholders last year. I don't have them at hand, but something
PL>like 90% of shareholders hold less than 10 shares. That's fine for most
PL>companies - but Disney is now incurring substantial costs to adminster
PL>the accounts of the 1-share-holders - and it is now virtually impossible
PL>for Disney to find facilities which will house their annual meeting.
PL>Perhaps "Disney magic" will prevail - through video links to other sites...
PL>or maybe they can just broadcast it over ABC.
Pete.
I think though your missing the point, as a stock holder be it one or
100 you have the right to be there, if 90% own under 10 shares then
there are ALOT of people out there that keep this company going...
My suggestion would be if you want to be at the meeting that badly
then get there sooner, like a concert ticket, if I want to go real bad I
have to camp out, IF it is not of importance then you just take your
chances. I own 10 shares, and it was a substantial part of my savings at
the time, ( a single mom) But I will say my stock has doubled in value,
so if it be 1 or 10000, The 1 share people have as much right as any
other shareholder.... I think if Disney would just reinvest the dividend
they would save money... cost more to send that check and pay the person
to draw it up and the paper etc.. then it is worth so reinvest in their
own company.... or maybe it would be still of more economics to direct
deposit the dividend in someons bank account...
SUe
Pete LaMaster
: I think though your missing the point, as a stock holder be it one or
: 100 you have the right to be there, if 90% own under 10 shares then
: there are ALOT of people out there that keep this company going...
: My suggestion would be if you want to be at the meeting that badly
OK...I've been through this one before...and I'll try not to beat it
completely to death. I'm not missing the point: you have just stated it
exactly. As a shareholder, I have a legal right to attend the meeting...
particularly since I'm interested in the stock as an investment rather
than a wall decoration. MANY of the "one share holders" view it as another
Disney toy to buy - not the serious legal obligation of ownership it
represents. Because of the number of people who aren't viewing it as
an investment - I now must treat the annual meeting like a rock concert
rather than as a discussion of the business aspects of a company. That
blows away the "right" you refer to above.
I'll also try one more time on the other point: Many seem to feel that
if 90% of the shareholders hold less than 10 shares - that they represent
a very important percentage of the company - so they are entitled to a
large proportion of the company's attention. That would, perhaps, be
true if 90% of the company's stock was held by small shareholders. Just
the reverse is true, however. While 90% of the share *holders* hold less
than 10 shares, the shares held by those share *holders* account for less
than 10% of the shares outstanding. Let me say that again: 90% of
the cost of administering shareholder services is attributable to people
who own less than 10% of the company - total. I regret that I don't have
precise numbers in hand, but they are listed in the Annual Report and
Prospectus. In particular, check the discussion of why Disney voted against
a Dividend Reinvestment plan. Disney has almost *1 million* shareholders.
How could *anybody* plan a shareholders meeting to provide the "right" for
1 million people to get together?
On the positive side, Disney is *very* aware that their bread is buttered
by the million shareholders being a part of the general public who are
devoted to Disney and who visit the parks, buy the books, watch the movies, etc.
You are not unappreciated. Just remember that stock represents ownership
and legal obligations on the part of the company - and that an owner should
be concerned with doing good business - which includes watching one's
expenses.
If you really love Disney, but aren't interested in running it as a
*business*, (you can decide for yourself if you fall into that category),
then do Disney - and yourself - a favor and spend the price of your share
on a nice "cel" to hang on the wall - rather than on a single share of Disney
stock.
Pete LaMaster - Melbourne, FL
ABSOLUTELY not affiliated with Disney -
except as a stock holder,
annual passholder, frequent visitor,
and FDC Corporate Guy in Charge of Facial Hair
Kjcottrell
phenomenon to occur. It is the Board of Directors who created the
possibility. If you recall (I think it was the last two) the Board of
Directors have split the stock at least twice since Michael has been at
the reign. The two that I can recall off hand were 4-1 and 2-1. The
motive behind stock splits is to keep the cost of stock in the same range.
Disney does this to keep stock in the under $100 per share range (tries
to keep in the ~$50 range).
Without stock splits, that $60 share would have been $480 per share - that
would discourage people from buying single shares.
Kenny Cottrell
John Heiden
Wow! Somebody who sums things up as they are! I am impressed, Pete!
I tried to say some things along these lines a year ago, and got a load of
flame mail. I hope you don't experience the same.
But I do agree with everything you say above.
Remember, 60% or so fo Disney's stockholders are institutional investors.
They have no need or intention of EVER taking advantage of park discounts
in the first place. But when Disney offered discounts to stockholders,
60% of the burden fell on those who would never use them. Quite a few of
the remaining 40% did not use it either.
So, the 10% who make up the 90% of holders, caused the most expenses,
while contributing the least to ownership or other attributes.
A couple years ago AT&T did something I rather like. They decided that in
order to participate in their dividend re-investment plan, you needed to
own a minimum of 10 shares, and would need to invest a minimum of $100 any
time you wanted to invest.
I would strong urge Disney to consider the same. This prevents people from
buying 1 share and getting such benefits, while also allowing serious
investors to still participate. They could do the same with discounts as
well.
I, for one, bought my Disney stock as an investment. I love the company a
great deal. More than you will probably ever understand. I have quite a
few shares more than just 1. As a hint, it wouldn't qualify as an "odd lot"
any more.
And lastly, for the record, I used the MKC benefit only once. Since then,
I've managed to get better discounts, even though I'm not an MKC member.
I don't miss the membership, at least not much.
As things stood, I support Disney's decision to stop giving out discounts
to stockholders. The only way I'd ever support it again is if they had a
requirement on the number of shares you must have to get a benefit.
Say 100. I do wish they did have a dividend re-investment plan, though.
That one I don't understand. AT&T charges a minute fee for usage of their
plan. Very reasonable. Less than a broker would charge, but it covers
their costs. Why couldn't Disney do that? Let those who use it pay for it??
John
--
John Heiden
al...@cleveland.freenet.edu
John Heiden
In a previous article, Skyb...@gnn.com (Michael Dunn Jr.) says:
>
>In article <4em8h8$o...@news.ais.net> Julie Mandell wrote:
>>Date: 30 Jan 1996 23:10:32 GMT
>>From: Julie Mandell <juli...@starnetinc.com>
>>Newsgroups: rec.arts.disney.parks
>>Subject: Re: Benefits for owning Disney stock
>>
>>Until the company split the stock 4 for 1 a few years back; we
>>shareholders used to get great discounts. Several times we got
>40% off
>>the regular rates at the yacht and beach club in the off season
>(October,
>>a great time to go) They stopped it at the time of the split ,
>citing
>>the increased number of stockholders they would gain at the lower
>more
>>affordable stock price. Julie Mandell
>
>Does anyone know when the annual stockholders meeting is? Where is
>it held at? Is every stockholder invited? When is information
>sent out about it?
>
>Any information is greatly appreciated....
>
>Thanks
>Mike
>
>
>
It used to be in February. Butthe last year or two, it has been in March.
By *LAW*, Disney is required to have an annual meeting, and any and all
Disney stockholders are entitled to attend! They must also notify
stockholders a certain amount of time in advance, though I'm not sure how
long that is. Typically, it's a month in advance.
No idea WHERE it will be. So far at least, it's been at Walt Disney World
or Disneyland, alternating each year between the two.
I suspect that they are kind of waiting to have the meeting such that they
can announce the deal to buy ABC, having gone through, and either being
completed, or at least well under way. At this point, they're still waiting
to hear from the Just Dept., unless I've missed this piece of news.
It was delayed due to Clinton's "budget impasse".
In any event, they can only wait so long. I expect we should be getting
invites any day now. I have noticed that each year USA Today manages to
get the invitation notice and annual report about 2 or 3 days before
Disney mails it out. I know this, as they typically have a very tiny
tidbit of info they publish about it then. You might try checking USA
Today and see if they make any mention.