No dividend this year?

[Wes]

Did Disney not pay a dividend this year?

I just checked my shareholder account via the web site, and with only one day left this year, no dividend purchase of additional shares has yet been posted to my account.

 

[Luv2Roam]

Considering where their stock was this year, I'm not surprised at all.

 

[crazy4wdw]

For some reason (probably to save $), dividends are not being paid until January 2003. I believe the date is 1/7 or 1/8.

 

[crazy4wdw]

Wes: Just found the info. on the Disney Co. Investor site. All stockholders on record as of 12/13/2002 will receive a dividend of 23 cents per share on 1/9/2003.

 

[ddank]

don't know why they would try to decieve stockholders but they actually declared a $.21 dividend payable 1/9/03. trust me on this one.

 

[TeenaS]

BURBANK, Calif., (Dec. 3, 2002) - The Walt Disney Company (NYSE: DIS) Board of Directors today declared an annual cash dividend of $0.21 per share, payable on January 9, 2003 to shareholders of record at the close of business December 13, 2002. The board also approved an enhanced set of corporate governance guidelines, announced the election of Robert W. Matschullat, former vice chairman and CFO of Seagram, as a new independent director, effective immediately, and appointed Sen. George Mitchell as presiding director. The board also reconstituted the membership of its key committees.

 

[raidermatt]

Personally, I think it would be more beneficial to use those funds to upgrade current and new offerings in the parks....

 

[Bob O]

Raidermatt- I would agree if i believed the money would be spent wisely, but im not confident of that with eisner in charge.