Disney’s Dividend Suspension Increased My Dividend Income
Earlier this month, Walt Disney Co (NYSE:DIS) suspended dividendsfor the first half of 2020. The company had just become a dividend achieverand had a ten year history of annual dividend increases under its belt. I viewed it as a great brand, with a strong moatand as a buy and hold forever type of a company.Q1 2020 hedge fund letters, conferences and moreAvoiding Big Mistakes And Managing RiskHowever, I also have a strategythat helps me avoid big mistakes and manage risk. In order to avoid falling in love with a company whose best days may be behind it, I sell after a dividend cutor a suspensio...