The Walt Disney Company’s Board of Directors announced a semi-annual cash dividend of $0.84 per share, payable July 26, 2018 to shareholders of record at the close of business on July 9, 2018.

What Bob Iger Had to Say:

“The Walt Disney Company had an excellent first half this fiscal year, delivering a 59% increase in diluted EPS, and we are pleased to be able to pay another strong dividend to shareholders while continuing to invest for future growth”

Analysis:

  • The dividend remains the same as the most recent dividend which was paid in January
  • This payout allows Disney to maintain the current yield without increasing the dividend while trying to retain cash
  • The cash may be necessary to facilitate the 21st Century Fox or Sky acquisitions

Recent Dividend History:

  • January 11, 2018: $.84 (Yield 1.6%)
  • July 27, 2017: $.78 (Yield 1.5%)
  • January 11, 2017: $.78 (Yield 1.5%)
  • July 28, 2016: $.71 (Yield 1.4%)
  • January 11, 2016: $.71 (Yield 1.3%)
  • July 29, 2015: $.66 (Yield 1.1%)

 

 

 
 

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