Disney Declares H1'FY15 Cash Dividend Of $0.66 Per Share

(RTTNews) - Walt Disney Co. (DIS) on Wednesday declared a cash dividend of $0.66 per share for the first six months of fiscal 2015, payable on July 29 to shareholders of record on July 6.

With this dividend, Disney will begin paying dividends on a semi-annual basis, rather than once a year.

"Disney delivered significant increases in revenue, net income and EPS for the first half of fiscal 2015. We are pleased to raise our dividend 15% on an annualized basis, as well as increasing the frequency of our dividend payments," said Robert Iger, Disney Chairman and Chief Executive Officer.