The Walt Disney Company Announces Semi-Annual Cash Dividend of $0.84 Per Share
November 29 2017 - 4:16PM
Business Wire
The Walt Disney Company (NYSE: DIS) Board of Directors today
announced a semi-annual cash dividend of $0.84 per share, payable
January 11, 2018 to shareholders of record at the close of business
on December 11, 2017. The company last paid a semi-annual dividend
of $0.78 per share in July.
“Disney’s incomparable collection of iconic brands and
franchises continues to deliver strong returns, and we are pleased
to increase our dividend to shareholders to $0.84 per
share,” said Robert A. Iger, Chairman and Chief Executive
Officer, The Walt Disney Company. “This payment brings our total
dividends for fiscal 2017 to $1.62 a share.”
The Company also announced that it has scheduled its annual
shareholders’ meeting for Thursday, March 8, 2018 in Houston.
About The Walt Disney Company:
The Walt Disney Company, together with its subsidiaries, is a
diversified worldwide entertainment company with operations in four
business segments: Media Networks, Parks and Resorts, Studio
Entertainment, and Consumer Products & Interactive Media.
Disney is a Dow 30 company and had annual revenues of $55.1 billion
in its Fiscal Year 2017.
Forward Looking Statements:
Certain statements in this press release may constitute
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. These statements are made
on the basis of our views and assumptions regarding future events
and business performance as of the time the statements are made.
Management does not undertake any obligation to update these
statements. Actual results may differ materially from those
expressed or implied. Such differences may result from actions
taken by the Company, including restructuring or strategic
initiatives, as well as from developments beyond the Company’s
control including international, political, or military
developments, health concerns, technological developments and
changes in domestic and global economic conditions that may affect
our businesses generally. Additional factors are set forth in the
Company’s Annual Report on Form 10-K for the year ended September
30, 2017 under Item 1A “Risk Factors,” and subsequent reports.
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version on businesswire.com: http://www.businesswire.com/news/home/20171129006240/en/
The Walt Disney Company:Zenia Mucha,
818-560-5300zenia.mucha@disney.comorDavid Jefferson,
818-560-4832david.j.jefferson@disney.com
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