Wooing the Stockholders

[ProfGoofy]

LOS ANGELES (Reuters) - Walt Disney Co. on Friday said Chief Executive Michael Eisner planned to recommend an increase in the company's dividend.

Eisner, speaking to media executives at a resort in Idaho, "repeated his confidence in the strength of the company's balance sheet and said that management would likely recommend to the board an increase in the company's dividend," Disney said in a statement.

 

[manning]

All that debt and he wants to increase the dividend? This guy will do anything to keep power.

He is getting scared!!

IMHO he is treating us like you know what and trying to buy us. Or more the institutional investors.