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WWE declares dividend of 36 cents



By AP
04 August 2008 @ 01:53 pm EST

NEW YORK - World Wrestling Entertainment Inc. declared on Monday a regular quarterly dividend of 36 cents per share on its Class A shares of common stock.

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The company expects to pay the dividend Sept. 25 to stockholders on Sept. 15.

WWE owner Vince McMahon's family has waived 12 cents per share of the dividends.

Class A and Class B shares owned by the family will instead receive dividends of 24 cents per share.

Copyright 2008 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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