Disney (DIS) to Forgo Next Semi-Annual Cash Dividend

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The Walt Disney Company Board Decides to Forgo Next Semi-Annual Cash Dividend

November 12, 2020 5:01 PM EST

BURBANK, Calif.--(BUSINESS WIRE)-- The Walt Disney Company (NYSE: DIS) Board of Directors today announced that it will not declare a semi-annual cash dividend for the second half of fiscal 2020, in light of the ongoing impact of COVID-19 and the Companys decision to prioritize investment in its direct-to-consumer initiatives.

Forward Looking Statements

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