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Iger revealed the plans after Disney's board of directors authorized a $3 billion share repurchase program for the current fiscal year, and declared a dividend of 45 cents a share, a 50% increase ...
Disney plans to invest $60 billion into its theme parks business over the next 10 years. Most of its full-year 2024 domestic parks growth will be in the second half of the year, the company said.
Disney previously announced 7,000 job cuts in February as part of a $5.5 billion cost saving plan. On Wednesday, the company said its efficiency target had grown to $7.5 billion. Theme parks shine
A dividend reinvestment program or dividend reinvestment plan (DRIP) is an equity investment option offered directly from the underlying company. The investor does not receive dividends directly as cash; instead, the investor's dividends are directly reinvested in the underlying equity.
The extra cost savings helped raise Disney’s quarterly operating profit by almost $1.4 billion from the same period a year before, to a total of nearly $3 billion. Disney’s revenues for the ...
The company's last dividend payout was $0.88 a share semi-annually. Now with the theme parks humming, movie theaters reopened, and $5.5 billion in cost cuts coming, the Disney dividend is primed ...
Revenue came in at $23.5 billion, a slight miss compared with the $23.8 billion expected. It announced a cash dividend of $0.45 a share, an increase of 50% versus the last dividend paid in January.
Disney will lay off 7,000 workers as the company seeks to slash $5.5 billion in costs. As a result, the media giant plans to restructure the organization into three core business segments: Disney ...