5 Big Companies that Stopped Paying Dividends

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1. The Walt Disney Company (NYSE:DIS)

Market Cap as of August 14: $162.6 billion 

The Walt Disney Company (NYSE:DIS) tops our list of companies that stopped paying dividends. The mass media company temporarily suspended its dividends in 2020 in order to conserve cash. However, the company has plans to reinstate its dividends by the end of this year.

At the end of Q1 2023, The Walt Disney Company (NYSE:DIS) was a part of 95 hedge fund portfolios, as per Insider Monkey’s database. The collective value of stakes owned by these hedge funds is over $3 billion.

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