GameStop Sets First Ever Cash Dividend

GameStop Sets First Ever Cash Dividend
Market News
Like Us On Facebook
Like Us On Facebook

GameStop Corp. GME +3.98% said on Wednesday that its board approved the initiation of a 15 cents a share quarterly dividend to its shareholders.

The dividend will be paid on March 12, with a Feb. 21 record date.

Future dividends will be subject to board approval, the firm said.

Market Watch

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Preston Waters

Preston Waters is a thinker. He's not your traditional philosophical persona, however, as he leaves no topic untouched. Covering all the bases, from business to women, Preston Waters is the ultimate man's man for Gen-Y.

More In Market News

News Preston Waters

Stocks Off to Stellar Start in May

Stocks were kicking off May in high style Tuesday, posting sharp gains after a much better-than-expected report on U.S. manufacturing activity. The Dow Jones Industrial Average was rising 103 points, or 0.8%, at 13,317, after hitting a four-year high at 13,338. The S&P 500 was up 14 points, or 1%, at 1413, and the Nasdaq was adding 23 points, or 0.7%, at […]

News Preston Waters

Bank Of America, JPMorgan: Dow Midday Movers

U.S. stocks were rising in midday action Tuesday following a better-than-expected read on U.S. manufacturing activity.The Dow Jones Industrial Average was up more than 116 points, or 0.9%, at 13,330. The biggest percentage gainers within the Dow were Bank of America (BAC), JPMorgan Chase (JPM) and Intel (INTC). Shares of Bank of America rose 2.59% to $8.32. The bank said Tuesday it plans to lay […]

News Preston Waters

Monster Stocks Soar Amid Rumors Coca-Cola Is Set To Buy Energy Drink

Monster Beverage Corp’s shares soared on Monday following a report that Coca-Cola Co. was considering buying the energy drink maker. The Wall Street Journal cited unnamed people in reporting that the world’s biggest soft drink maker was in talks to buy Monster. If a deal transpired, Monster would be Coca-Cola’s largest brand acquisition ever. Monster declined […]

News Preston Waters

Stocks Surge After Strong Manufacturing Report

Stocks were surging in morning action Tuesday after a much better-than-expected report on the pace of national manufacturing activity in April.The Dow Jones Industrial Average was rising 80 points, or 0.6%, at 13,294. The S&P 500 was up 12 points, or 0.8%, at 1410, and the Nasdaq was adding 29 points, or 1%, at 3075. Stocks finished modestly lower Monday, marking […]

News Preston Waters

Bank Of America Keeps Shrinking

Bank of America (BAC)’s plan to lay off some of its highest-paid executives looks like the right response to the current banking environment. The Wall Street Journal reported Tuesday the bank will cut 2,000 positions in its investment banking, commercial banking and non-U.S. wealth-management units targeting “the high-earning employees whose efforts helped Merrill Lynch account for the bulk of […]

News Preston Waters

Stock Market Story: May 1

The first trading day of May got off to a mixed start early Tuesday with all three major U.S. equity indices honing to close to the flat line ahead of a key report on the pace of U.S. manufacturing activity in April. The Dow Jones Industrial Average was down 9.5 points, or 0.07%, at 13,204.The S&P 500 was up less than a […]

Also On Elite

World

Real-Life Batman Visits Sick Children With His Homemade Batmobile (Photos)

Bruce Wayne hid behind his Batman mask, but real-life superhero Zac Mihajlovic isn’t afraid to show his face. That’s because he is  fulfilling the wishes of sick children across Australia. Mihajlovic, 29, spent two years building his very own Batmobile from scratch. The street-ready vehicle is an exact replica of the one shown in 1989’s […]

Envision

The Guys Who Had The Epic Nerf Gun Battle Move On To Portal Guns (Video)

Video games aren’t merely about shooting other characters. They inspire fans to imagine a world in which the game is real. Danny Philippou loves Portal, a game devoted to an experimental gun that creates tunnels through space and time. With the help of his friend and costar Pete Ninos, Philippou’s created a cinematic clip that […]

Envision

Photographer Captures Portraits Of People Obsessed With Their Smartphones

Let’s face it, everyone’s obsessed with smartphones and it’s not OK. If you take a moment to observe how many people around you are looking at their phones, no matter where you are, you’ll probably scare yourself. These bright, backlit screens that illuminate people’s faces are the same screens killing off the act of conversation […]

Dating

Why I Waited To Lose My ‘Virginity’ At 26

Growing up in a church, I was taught at a young age that my virginity was a precious part of me. Losing it would change the very fiber of my being, and whomever stole my so-called innocence would forever have a piece of me. It would be a piece I’d desperately want, but could never […]

Women

45 Things Girls Do On Sunday That Make It Our Favorite Day Of The Week

It’s been said that a girl and her bed have an endless love affair on Sundays and, honestly, I couldn’t agree more. Is there anything better than waking up in your own comfy bed with no obligations to look forward to? (Hint: No!) Sure, maybe you think waking up in a guy’s bed may be […]

World

Wife Finds Heartwarming Letters Left Behind By Deceased Husband (Photos)

Mitchell Whisenhunt is gone, but a series of letters he wrote before his death will ensure his daughter and wife never forget his legacy. Whisenhunt, a resident of Longview, Texas, died Saturday after a long struggle with a genetic disorder called Marfan syndrome, a disease that keeps the body from developing correctly. After his passing, wife […]