25.06.2015 - Walt Disney Co. increased dividends and expect a success of a new movie
Walt Disney Co. on Wednesday announced the increase of the dividend by 15% per annum and will pay them twice a year amid the success of Â«FrozenÂ» and on expectations the release of Â«Star WarsÂ». As a result, the dividend will rise to 1.32 against $ 1.25. The premiere of Star Wars is scheduled for 18 December this year and could lead to a further increase in tickets sales and sales of products with the symbols of the film. Our medium-term outlook for the stock remains positive and we expect the price growth to 22-24% by the end of the year.