The Walt Disney Company's Board of Directors today declared a semi-annual cash dividend of $0.78 per share, payable July 27, 2017 to shareholders of record at the close of business on July 10, 2017.

“We are pleased to deliver another strong dividend to shareholders, following a 15% increase in diluted EPS for the second quarter,” said Robert A. Iger, Chairman and Chief Executive Officer, The Walt Disney Company.

The company last paid a semi-annual dividend of $0.78 per share in January.