9:14 AM EST

WWE shareholders may be in for an enormous bump-up in their dividend. World Wrestling Entertainment is attempting to raise the dividend for Class A stock (held by the Company’s public stockholders, while Class B common stock is held by members of the McMahon family and their trusts) to 36 cents per share. That is a serious raise of 50%. Obviously, they're trying to move that stock up into the 20's, and this is a big move in making that possible.
 
Here is the official press release from this morning's business wire: