BURBANK, Calif., December 4, 2019 â€“ The Walt Disney Company (NYSE: DIS) Board of Directors today announced a semi-annual cash dividend of $0.88 per share, payable January 16, 2020 to shareholders of record at the close of business on December 16, 2019. The Company last paid a semi-annual dividend of $0.88 per share in July, bringing its total dividends for the fiscal year to $1.76 per share.
â€œThis has been a monumental year for The Walt Disney Company, marked by the launch of our new streaming service Disney+ and the completion of our acquisition of 21st Century Fox,â€� said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company. â€œWe are pleased to deliver another substantial dividend to shareholders as we continue to invest in the companyâ€™s future.â€�
The Company also announced that it has scheduled its annual shareholdersâ€™ meeting for Wednesday, March 11, 2020 in Raleigh, N.C.
About The Walt Disney Company
The Walt Disney Company, together with its subsidiaries, is a diversified worldwide entertainment company with operations in four business segments: Media Networks; Parks, Experiences and Products; Studio Entertainment; and Direct-to-Consumer and International. Disney is a Dow 30 company and had annual revenues of $69.6 billion in its Fiscal Year 2019.
Certain statements in this press release may constitute â€œforward-looking statementsâ€� within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are made on the basis of our views and assumptions regarding future events and business performance as of the time the statements are made. Management