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Post by Pennyroyal_Tea (admin) on May 14, 2004 12:59:26 GMT -5
Taking into consideration only their stock dividends, the McMahon family is set to earn over $10 million this year following last month’s WWE Board of Directors approval for the dividend increase from 4 cents to 6 cents per share. While all WWE stock holders will benefit from the increase, Vince McMahon and his family own 80% of WWE’s stock, therefore reaping the biggest rewards from the increase (a jump from $9 million to just over $13 million). The Board of Directors credit a successful WrestleMania and substantial cost-cutting as leading to the dividend increase.
Credit: ImpactWrestling.com
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