We previously reported that WWE’s shareholders are set to receive payouts in July. The company’s stock is also looking much more attractive to buy at this point.
Vince McMahon owns a lot of WWE stock and after the dividends are distributed in July Ringside News‘ Wall Street source tells us that McMahon will bank a good payday.
“Vince is getting a 7 figure dividend check out of this he’s getting at least $1 million of the $5 mill”
WWE cut a lot of money from their budget, but a majority of that was holding off on plans to move their Stamford HQ. They saved around $8 million with all of the on-air talent they released.
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