Market Overview

Disney Ups Dividend 34%

Related DIS
Out With The Old, In With The New: Telecom Sector To Become Communications Services Sector
Comcast Prepared To Submit All-Cash Offer For Fox Assets
UK regulator: Decision nearing on Fox bid for Sky (Seeking Alpha)

Walt Disney Co. (NYSE: DIS) just raised its annual dividend to $1.15 per share, which was a 33.7 percent increase from the prior dividend of $0.86. The stock will now carry a dividend yield of 1.24 percent based on the closing price of $93.11.

Robert Iger, Chairman and Chief Executive Officer of Disney stated, “We achieved record revenue, net income and earnings per share for the fourth year in a row, and we are delighted to be able to increase our shareholder dividend by 34 percent while continuing to invest for future growth.”

This marks the fifth straight year that Disney has increased the dividend. The dividend is payable on January 8, 2015, to shareholders of record at the close of business on December 15, 2014.

Posted-In: Robert IgerNews Dividends After-Hours Center


Related Articles (DIS)

View Comments and Join the Discussion!