The Walt Disney Co. increases cash dividend by 25 percent

The Walt Disney Company (NYSE: DIS) board today declared an annual cash dividend of $0.75 per share, up 25 percent, or $0.15 per share, from the previous year. The dividend is payable on December 28, 2012 to shareholders of record at the close of business on December 10, 2012. The December payment represents the 57th consecutive dividend payment to shareholders.

“Fiscal 2012 was another great year for The Walt Disney Company, creatively and financially,” said   Robert A. Iger, Chairman and CEO, The Walt Disney Company.  “We achieved record revenue, net income and earnings per share, while continuing to invest for long term growth, and we are pleased to be able to increase our shareholder dividend by 25 percent.”

The Company also announced that it has scheduled its annual shareholders' meeting for Wednesday, March 6, 2013, in Phoenix, Arizona.