The Walt Disney Company Declares Cash Dividend for Shareholders

If you're a shareholder with The Walt Disney Company we have a bit of news that you'll like to hear. The company has declared a cash dividend of 66 cents per share for the first six month of fiscal year 2015, payable July 29.

Disney declares cash dividend for shareholders

Shareholders of record at the close of business on July 6 will be paid the dividend. And with this dividend payment Disney has also announced that it will start paying shareholders dividends on a semi-annual basis instead of just once a year.

Disney chairman and CEO Bob Iger said the company had "delivered significant increases in revenue, net income, and EPS for the first half of fiscal 2015."

He added that the company was "pleased" to raise the dividend 15 percent on an annualized basis.

Are you a shareholder with The Walt Disney Company? Let us know your thoughts in the comments.

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