Why Disney Just Gave Dividend Investors a 15% Raise

By Steve Symington – Dec 7, 2013 at 7:00PM

NYSE: DIS

Walt Disney

Market Cap

$209B

Today's Change

(0.18%) $0.21

Current Price

$113.92

Price as of April 24, 2024, 4:00 p.m. ET

Disney just increased its annual dividend by 15%. Here's what investors need to know.

It's time to rejoice, dividend investors, because Walt Disney (DIS 0.18%) just raised its annual payout by 15% to $0.86 per share.

For those of you keeping track, this marks the fourth year in a row Disney has given dividend-hungry shareholders a boost, and investors who bought a little over three years ago have seen their dividend payments rise 146% from just $0.35 per share.

In the following video, the Fool's Steve Symington not only sheds additional light on Disney's current dividend situation, but also fills investors in on whether they should expect similar increases going forward.

Fool contributor Steve Symington has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Walt Disney. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.