WWE declared a quarterly dividend of $0.36 per share on its common stock on Friday. The McMahon family waived $0.12 per share dividend that they are entitled to and only took $0.24.
The company released a statement Friday making the announcement to its share holders.
World Wrestling Entertainment, Inc. Declares Quarterly Dividend
STAMFORD, Conn., Feb 05, 2010 — World Wrestling Entertainment, Inc. (NYSE:WWE) today declared the Company’s regular quarterly dividend of $0.36 per share on its Class A shares of common stock. As previously announced, members of the McMahon family have waived $0.12 per share of the dividends. As a result, all Class A and Class B shares owned by the McMahon family will instead receive dividends in the amount of $0.24 per share. The record date for the dividend will be March 15, 2010, and the payment date will be March 25, 2010.
Additional information on World Wrestling Entertainment, Inc. can be found at http://corporate.wwe.com. If you have additional questions, please contact WWE Investor Relations via e-mail at investor.relations@wwecorp.com.
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