Disney Boosts Dividend 33% After Achieving Streaming Profit
Walt Disney Co. raised its annual dividend by 33% to $1 a share, another sign that a turnaround plan put in place two years ago is paying off.The money will be distributed to shareholders in two 50-cent installments in January and July of next year.“With the company operating from a renewed position of strength, we are pleased to increase the dividend for shareholders while continuing to invest for the future,” Chief Executive Officer Bob Iger said in a statement Wednesday.In fiscal 2024, Disney