Walt Disney Boosts Dividend by 15 Percent

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Disney CEO Bob Iger

Walt Disney said Wednesday it has boosted its dividend by 15 percent on an annualized basis to 66 cents per share for the first six months of fiscal 2015.

Beginning with this dividend, which will be payable July 29, Disney begins paying dividends to shareholders on an semi-annual basis rather than once a year.

"Disney delivered significant increases in revenue, net income and earnings per share for the first half of fiscal 2015," CEO Bob Iger said in announcing the changes.

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