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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| GameStop Corp Holding Company | NYSE:GME | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 3.34 | 26.18% | 16.10 | 17.45 | 12.31 | 12.42 | 36,292,446 | 00:59:59 |
From May 2019 to May 2024
By Maria Armental
GameStop Corp., which said in February it is taking over some RadioShack Corp. stores, is raising its annual dividend by 9%.
The Grapevine, Texas, videogame retailer will pay $1.44 a share, up from the current $1.32 a share. It will pay a quarterly dividend of 36 cents a share on March 24.
GameStop won bankruptcy court approval to reopen 163 RadioShack stores, boosting its Spring Mobile business, which is an exclusive AT&T dealer.
The company has largely benefited from strong demand for next-generation consoles from Microsoft Corp., Sony Corp. and Nintendo Co. Ltd. Still, in January, GameStop said sales at existing stores fell 3.1% and total sales 6.7%-- or 4% on a constant-currency basis--for the nine weeks ended Jan. 3.
Shares, up 4% over the past 12 months, edged up to $39 in recent after-hours trading.
Write to Maria Armental at maria.armental@wsj.com
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