The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Business Wire

GameStop Corp. Increases Annual Cash Dividend

<p class='bwalignc'> <i>Raises annual cash payout by 10%</i> </p>

Tuesday, February 19, 2013

GameStop Corp. Increases Annual Cash Dividend08:30 EST Tuesday, February 19, 2013 GRAPEVINE, Texas (Business Wire) -- GameStop Corp. (NYSE: GME), the world's largest multichannel video game retailer, today announced its board of directors approved a 10% increase of its regular annual dividend to $1.10 per share. The company also announced the declaration of its regular quarterly dividend of $0.275 per share payable on March 19, 2013 to all shareholders of record as of March 5, 2013. Since initiating a disciplined capital allocation plan in Jan. 2010, GameStop's stock and debt buybacks have totaled more than $1.5 billion dollars and the company operates debt free. About GameStop Corp. GameStop Corp. (GME), a Fortune 500 and S&P 500 company headquartered in Grapevine, Texas, is the world's largest multichannel video game retailer. GameStop's retail network and family of brands include 6,650 company-operated stores in 15 countries worldwide and online at www.GameStop.com. The network also includes: www.Kongregate.com, a leading browser-based game site; Game Informer(R) magazine, the leading multi-platform video game publication; Spawn Labs, a streaming technology company; and a digital PC game distribution platform available at http://www.GameStop.com/PC. General information on 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.Ph: 817-424-2126MattHodges@GameStop.com