Disney Boosts Cash Dividend by 50%, Plans $3 Billion Share Buyback Program and Makes $1.5 Billion Investment in Epic Games!
ORLANDO, Fla. (AP) — The Walt Disney Company announced on Wednesday that it will increase its cash dividend by 50% as it reported fiscal first quarter earnings that surpassed expectations. The entertainment giant also reported a narrowing of streaming losses. Disney’s adjusted earnings of $1.22 per share exceeded the $0.99 per share that analysts had anticipated. The company also projected full-year fiscal 2024 earnings of $4.60 per share, marking at least a 20% increase from …