Disney increases dividend; Shareholders meeting scheduled for Salt Lake City

[crazy4wdw]

THE WALT DISNEY COMPANY BOARD INCREASES ANNUAL CASH DIVIDEND TO $0.40 PER SHARE


BURBANK, Calif., December 1, 2010 – The Walt Disney Company (NYSE: DIS) board today declared an annual cash dividend of $0.40 per share, up five cents from the previous year. The dividend is payable on January 18, 2011 to shareholders of record at the close of business December 13, 2010. The January dividend payment represents the 55th consecutive year of dividend payments to shareholders.

"The Walt Disney Company had a strong year both creatively and financially in 2010," said Robert A. Iger, president and CEO, The Walt Disney Company. "We are pleased to be able to raise our shareholder dividend while continuing to invest for future growth."

The Company also announced that it has scheduled its annual shareholders' meeting for Wednesday, March 23, 2011 at 10:00 a.m. in Salt Lake City, Utah.

 

[Cheshire Figment]

Since the current price of a share is about $37.50, this means that anyone in the reinvestment plan will get shares equal to more than 1% of their current holding.

 

[The_Duke_Knows]

Those ain't bad returns!

 

[lockedoutlogic]

Compare your stock returns against how badly the parks are run and thier recent pricing policies.


The ulgy pink elephant in the corner of the room.

But at least now i can afford to give the lexus with the bow on it to my 3 year old for Kwanzaa this year...