The Walt Disney Company Declares Semi-Annual Cash Dividend of $0.78 Per Share

BURBANK, Calif.--(BUSINESS WIRE)--

The Walt Disney Company DIS Board of Directors today declared a semi-annual cash dividend of $0.78 per share, payable January 11, 2017, to shareholders of record at the close of business on December 12, 2016. This dividend marks an increase from the $0.71 per share paid in July, 2016.

"We delivered our sixth consecutive year of record revenue, net income and EPS in fiscal 2016, and we are pleased to increase our dividend to shareholders," said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. "This payment brings our total dividends for fiscal 2016 to $1.49 a share."

The Company also announced that it has scheduled its annual shareholders' meeting for Wednesday, March 8, 2017, in Denver.

About The Walt Disney Company:

The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international entertainment and media enterprise with four business segments: media networks, parks and resorts, studio entertainment, and consumer products and interactive media. Disney is a Dow 30 company and had annual revenue of $55.6 billion in its Fiscal Year 2016.

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