The Walt Disney Company (DIS) Board Declares Annual Dividend of $0.35 Per Share

December 3, 2008 4:56 PM EST

The Walt Disney Company (NYSE: DIS) board declared an annual cash dividend of $0.35 per share, payable on January 20, 2009 to shareholders of record at the close of business December 15, 2008. The January dividend payment represents the 53rd consecutive year of dividend payments to shareholders.

"Despite a steadily weakening economy, we delivered a very solid performance for our 2008 fiscal year," said Robert A. Iger, president and CEO. "Record earnings per share coupled with prudent financial management have put Disney in the good position of being able to return capital to our shareholders even as we invest for future growth."

The Walt Disney Company, together with its subsidiaries and affiliates, is a leading diversified international family entertainment and media enterprise with four business segments: media networks, parks and resorts, studio entertainment and consumer products.
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