Disney (DIS) Raises Semi-Annual Dividend 4.8% to $0.88; 1.5% Yield

Disney (NYSE: DIS) declared a semi-annual dividend of $0.88 per share, or $1.76 annualized. This is a 4.8% increase from the prior dividend of $0.84.

The dividend will be payable on January 10, 2019, to stockholders of record on December 10, 2018, with an ex-dividend date of December 7, 2018.

The annual yield on the dividend is 1.5 percent.

“Given our record financial performance in fiscal 2018, we are pleased to increase our dividend to shareholders, while continuing to invest for future growth with our pending acquisition of 21st Century Fox and the ongoing development of our direct-to-consumer business,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. “This payment brings our total dividends for the fiscal year to $1.72 a share.”

The Company also announced that it has scheduled its annual shareholders’ meeting for Thursday, March 7, 2019 in St. Louis, MO.

For a dividend history and other dividend-related data on Disney (DIS) click here.

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