If you own Disney stock, you’re going to get a good return on your investment shortly thanks to the Company’s impressive performance in the stock market this year!
The Board of Directors last week declared an annual cash dividend of $1.15 per share, up 34 percent, or $0.29 per share, from the previous year. The dividend is payable on January 8, 2015 to shareholders of record at the close of business on December 15, 2014. This is Disney’s 59th consecutive dividend payment to shareholders.
“Disney delivered the highest results in its history in Fiscal 2014, reflecting the extraordinary quality of our creative content and the unparalleled strength of our brands,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “We achieved record revenue, net income and earnings per share for the fourth year in a row, and we are delighted to be able to increase our shareholder dividend by 34 percent while continuing to invest for future growth.”
The Company also announced that it has scheduled its annual shareholders’ meeting for Thursday, March 12, 2015 in San Francisco.
For more information on Disney stock, visit their Investor Relations page by clicking HERE.