WWE Announces Quarterly Dividend
WWE has announced their regular quarterly dividend. As usual, the quarterly dividend was $0.12 per share for all shares. This is the same dividend amount paid to shareholders quarterly since 2011.
To do the math, this means, for example, WWE CEO Vince McMahon (the company's largest single shareholder, who owns 35.5 million shares) is paid $4.2 million quarterly. Stephanie McMahon-Levesque, who owns about 2 million shares, is paid $234,000 quarterly. This doesn't include their compensation as corporate executives or on-screen performers.
Here is the press release:
WWE Declares Quarterly Dividend
February 02, 2017 02:09 PM Eastern Standard Time
STAMFORD, Conn.–(BUSINESS WIRE)–WWE (NYSE:WWE) announced that its Board of Directors today declared the Company’s regular quarterly dividend of $0.12 per share for all Class A and B shares of common stock. The record date for the dividend will be March 15, 2017 and the payment date will be March 27, 2017.