GameStop Increases Annual Cash Dividend
March 04 2014 - 4:01PM
Business Wire
Raises annual cash payout by 20%
GameStop Corp. (NYSE: GME), the world’s largest multichannel
video game retailer, today announced that its Board of Directors
approved a 20% increase of its regular annual cash dividend from
$1.10 to $1.32 per share. The regular quarterly dividend of $0.33
per share will be payable on March 25, 2014 to all shareholders of
record as of March 17, 2014.
Rob Lloyd, chief financial officer, said, “We are committed to
driving long-term shareholder value through a disciplined capital
allocation program. Since 2010, GameStop’s stock repurchases, debt
buybacks and dividend payments have totaled more than $2.1
billion.”
About GameStop Corp.
GameStop Corp. (NYSE: GME), a Fortune 500 and S&P 500
company headquartered in Grapevine, Texas, is a global,
multichannel video game, consumer electronics and wireless services
retailer. GameStop operates more than 6,600 stores across 15
countries. The company’s consumer product network also includes
www.gamestop.com; www.Kongregate.com, a leading browser-based game
site; Game Informer® magazine, the world’s leading print and
digital video game publication; www.buymytronics.com, an online
consumer electronics trade-in platform; Simply Mac, the largest
certified retailer of Apple’s full line of products; and Spring
Mobile, an authorized dealer of AT&T wireless services.
General information about GameStop Corp. can be obtained at the
company's corporate website. Follow GameStop on Twitter @
www.twitter.com/GameStop and find GameStop on Facebook @
www.facebook.com/GameStop.
Matt HodgesVP, Public & Investor RelationsGameStop
Corp.817-424-2000MattHodges@GameStop.com
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