Walt Disney Co. declares 2007 dividend

[crazy4wdw]

The Walt Disney Company Board Declares Annual Cash Dividend of $0.35 Per Share

The Walt Disney Company Board Declares Annual Cash Dividend of $0.35 Per Share

The Walt Disney Company board recently declared an annual cash dividend of $0.35 per share, a 12.9% increase over the prior year’s dividend, payable on January 11, 2008 to shareholders of record at the close of business December 7, 2007. The January dividend payment represents the 52nd consecutive year of dividend payments to shareholders.

“I’m delighted to say that 2007 was another outstanding year for the company, marked by significant creative and financial achievements,” said Robert A. Iger, president and CEO. “With our strong balance sheet, bolstered by record 2007 earnings, Disney is in a good position to continue returning capital to shareholders even as we invest for growth.”

 

[MassJester]

I can finally get that TV Guide subscription I've wanted.