The Walt Disney Company announced today that it will hold its 2019 annual shareholder meeting on March 7th, in St. Louis, Missouri. Along with setting a date and location for the meeting, Disney also announced its dividend payments for shareholders.
What’s happening:
- The Walt Disney Company has set its next shareholder meeting for March 7th, 2019 in St. Louis, Missouri.
- The 2018 annual shareholder meeting was held in Huston, Texas
- According to Market Watch, The Walt Disney Company said late Wednesday that its board of directors have authorized a semi-annual cash dividend of 88¢.
- This dividend will be payable January 10th to shareholders of record on December 10th.
- The latest payout tops the last semi-annual dividend of 84¢ a share in July.
- Shares of Disney stock fell 0.3% after hours after ending the regular trading day up 1.9%.
Did you know?:
- According to the Missouri Historical Society, in 1963 Disney was approached by St. Louis mayor Raymond Tucker and the Civic Center Redevelopment Corporation with a proposition to build a Disney park in the mid-west state.
- The project was called Riverfront Square and plans included a five-story indoor park that could remain open year-round. The park would also feature the classic Main Street USA and would also include elements of St. Louis.
- Walt was quoted in a local newspaper saying: “Missouri and the history of Missouri are important to me. I was raised on a farm not far from Hannibal. There’s a lot of opportunity to do things exciting about the state, the Mississippi River, Mark Twain…things both entertaining and educational.”
- Of course, the state of Missouri also plays a large role in the history of Walt Disney as the man lived and worked in Kanas City, Missouri for some time and adopted Marceline, Missouri as his hometown, later drawing upon it as the inspiration for Main Street USA.