The Disney dividend is back.
After a suspension of more than three years, The Walt Disney Co. will bring back its dividend payments to shareholders.
The company announced Thursday that it will pay a dividend of $0.30 per share for shareholders of record as of Dec. 11. The payments will be made in January.
“This has been a year of important progress for The Walt Disney Company, defined by a strategic restructuring and a renewed focus on long-term growth,” said Mark Parker, chairman of the Disney board, in a statement. “As Disney moves forward with its key strategic objectives, we are pleased to declare a dividend for our shareholders while we continue to invest in the company’s future and prioritize meaningful value creation.”
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