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WWE® Declares Quarterly Dividend

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
June 14, 2019 and the payment date will be June 25, 2019.

About WWE

WWE, a publicly traded company (NYSE: WWE), is an integrated media
organization and recognized leader in global entertainment. The Company
consists of a portfolio of businesses that create and deliver original
content 52 weeks a year to a global audience. WWE is committed to family
friendly entertainment on its television programming, pay-per-view,
digital media and publishing platforms. WWE’s TV-PG, family-friendly
programming can be seen in more than 800 million homes worldwide in 25
languages. WWE Network, the first-ever 24/7 over-the-top premium network
that includes all live pay-per-views, scheduled programming and a
massive video-on-demand library, is currently available in more than 180
countries. The Company is headquartered in Stamford, Conn., with offices
in New York, Los Angeles, London, Mexico City, Mumbai, Shanghai,
Singapore, Dubai, Munich and Tokyo.

Additional information on WWE (NYSE: WWE) can be found at wwe.com and
corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.

Trademarks: All WWE programming, talent
names, images, likenesses, slogans, wrestling moves, trademarks, logos
and copyrights are the exclusive property of WWE and its subsidiaries.
All other trademarks, logos and copyrights are the property of their
respective owners.

Forward-Looking Statements: This press
release contains forward-looking statements pursuant to the safe harbor
provisions of the Securities Litigation Reform Act of 1995, which are
subject to various risks and uncertainties. These risks and
uncertainties include, without limitation, risks relating to: entering,
maintaining and renewing major distribution agreements; WWE Network (including
the risk that we are unable to attract, retain and renew subscribers);
our need to continue to develop creative and entertaining programs and
events; the possibility of a decline in the popularity of our brand of
sports entertainment; the continued importance of key performers and the
services of Vincent K. McMahon; possible adverse changes in the
regulatory atmosphere and related private sector initiatives; the highly
competitive, rapidly changing and increasingly fragmented nature of the
markets in which we operate and greater financial resources or
marketplace presence of many of our competitors; uncertainties
associated with international markets including possible disruptions and
reputational risks; our difficulty or inability to promote and conduct
our live events and/or other businesses if we do not comply with
applicable regulations; our dependence on our intellectual property
rights, our need to protect those rights, and the risks of our
infringement of others’ intellectual property rights; the complexity of
our rights agreements across distribution mechanisms and geographical
areas; potential substantial liability in the event of accidents or
injuries occurring during our physically demanding events including,
without limitation, claims alleging traumatic brain injury; large public
events as well as travel to and from such events; our feature film
business; our expansion into new or complementary businesses and/or
strategic investments; our computer systems and online operations;
privacy norms and regulations; a possible decline in general economic
conditions and disruption in financial markets; our accounts receivable;
our indebtedness including our convertible notes; litigation; our
potential failure to meet market expectations for our financial
performance, which could adversely affect our stock; Vincent K. McMahon
exercises control over our affairs, and his interests may conflict with
the holders of our Class A common stock; a substantial number of shares
are eligible for sale by the McMahons and the sale, or the perception of
possible sales, of those shares could lower our stock price; and the
volatility of our Class A common stock. In addition, our dividend is
dependent on a number of factors, including, among other things, our
liquidity and historical and projected cash flow, strategic plan
(including alternative uses of capital), our financial results and
condition, contractual and legal restrictions on the payment of
dividends (including under our revolving credit facility), general
economic and competitive conditions and such other factors as our Board
of Directors may consider relevant. Forward-looking statements made by
the Company speak only as of the date made and are subject to change
without any obligation on the part of the Company to update or revise
them. Undue reliance should not be placed on these statements. For more
information about risks and uncertainties associated with the Company’s
business, please refer to the “Management’s Discussion and Analysis of
Financial Condition and Results of Operations” and “Risk Factors”
sections of the Company’s SEC filings, including, but not limited to,
our annual report on Form 10-K and quarterly reports on Form 10-Q.

Contacts

Investors:
Michael Guido, CFA
203-352-8779
[email protected]

Media:
Matthew Altman
203-352-1177
[email protected]

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