Disney Raised Its Dividends
Late on Wednesday, Walt Disney’s (DIS) board announced it would hike the company’s semi-annual dividends. The company has raised its semi-annual dividend levels to $0.88 per share by 4.8% from the prior semi-annual dividend levels of $0.84. The new semi-annual dividend of $0.88 will be paid on January 10, 2019, to shareholders of record as of December 10. The company’s new semi-annual dividend of $0.88 would bring its total dividends for fiscal 2019 to $1.76 per share. The company last paid its semi-annual dividend of $0.84 per share in July 2018.