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DIS Walt Disney Co

112.73
-0.04 (-0.04%)
27 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Walt Disney Co NYSE:DIS NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -0.04 -0.04% 112.73 113.0218 111.32 111.74 6,286,182 01:00:00

Disney Boosts 2016 Dividend By 8.8%

30/11/2016 10:53pm

Dow Jones News


Walt Disney (NYSE:DIS)
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By Maria Armental 

Walt Disney Co. on Wednesday declared a dividend of 78 cents for the second half of 2016, increasing its total payout for the year by 8.8%.

With the latest dividend, payable Jan. 11 to shareholders of record at the close of business Dec. 12, the media company's total payout for the year will be $1.49 a share, up from $1.37 a share last year.

The company -- whose latest animated movie "Moana" had the second-best five-day Thanksgiving opening just behind the Disney hit "Frozen" -- reported a 12% increase in annual profit earlier this month as revenue reached $55.63 billion, setting record highs even as sports powerhouse ESPN continued to weigh on results.

Shares, which have fallen 6% this year, gained 18 cents to $99.30 in after-hours trading.

Write to Maria Armental at maria.armental@wsj.com

 

(END) Dow Jones Newswires

November 30, 2016 17:38 ET (22:38 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.

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