The Walt Disney Company increases annual cash dividend by 25%

The Walt Disney C0mpany

November 28, 2012

THE WALT DISNEY COMPANY BOARD INCREASES ANNUAL CASH DIVIDEND BY 25 PERCENT TO $0.75 PER SHARE

BURBANK, Calif., November 28, 2012 – The Walt Disney Company (NYSE: DIS) board today declared an annual cash dividend of $0.75 per share, up 25 percent, or $0.15 per share, from the previous year. The dividend is payable on December 28, 2012 to shareholders of record at the close of business on December 10, 2012. The December payment represents the 57th consecutive dividend payment to shareholders.

Disneyland reopens the Indiana Jones ride, but why did they shut it down?

Picture courtesy of the Theme Park Guy

“Disneyland’s Indiana Jones Adventure will resume operation on Dec. 8 after a three-month refurbishment,” according to the O.C. Register.

Disneyland reported that they didn’t close down the ride due to concerns about injuries to the public or Cal/OSHA safety violations.

However my own experience, having worked at Disneyland’s safety department, is that sometimes they close down rides because of concerns about known hazards. These might be hazards that Cal/OSHA is not aware of, but if there are situations that are dangerous to Disneyland’s employees then they have to act.