The World Wrestling Entertainment, Inc. (WWE) has declared a quarterly dividend of $0.24 per share on all its Class A and Class B common stock. The record date will be on June 15, 2007, while the payment date will be June 26, 2007.
In other WWE news, they announced that Stephanie McMahon Levesque, daughter of Jim McMahon, has been promoted to Executive Vice President Talent and Creative Writing. She'll oversee the creative writing process for all television and pay-per-view programming. She will also manage the talent relations department.
The company also announced that they are promoting John Laurinaitis to be the new Senior Vice President, Talent Relations. He was formerly the company's Vice President, Talent Relations since 2004. He will report directly to Stephanie.
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