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Disney raises dividend by 25%

PostPosted: Thu Nov 29, 2012 12:12 pm
by admin
Disney raises dividend by 25%
from MarketWatch.com - MarketPulse
CHICAGO (MarketWatch) -- Walt Disney Co. said Wednesday that its board of directors has authorized a 25% hike in the entertainment company's annual dividend, to 75 cents a share from 60 cents. The dividend is payable Dec. 28 to shareholders of record as of Dec. 10. Earlier this month, the company reported a 14% increase in fiscal fourth-quarter profit, led by strong results at its ESPN cable network.