Disney increases its annual cash dividend by 25 percent

The Walt Disney Company board increased its annual cash dividend by 25 percent from 15 cents per share to 75 cents per share from the previous year.

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,” Robert A. Iger, Chairman and CEO, The Walt Disney Company, said in a press release. “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.