Could Disney investors love the company any more than they already do? Perhaps: It just announced that it will raise its dividend 15% to 66 cents a share, and begin paying it twice a year instead of once.
“Disney delivered significant increases in revenue, net income and EPS for the first half of fiscal 2015,” CEO Bob Iger says in a statement about the dividend increase.
The new dividend will be paid on July 29 to shareholders of record on July 6.
Disney’s share price today touched a new high of $114.56.