GameStop Corp. Class A (GME)
GameStop Corp. Class A (GME) is a retail company that specializes in consumer electronics, video games, and gaming merchandise. Founded in 1984, it operates a chain of retail stores worldwide, focusing on gaming consoles, accessories, and related products. The company has undergone significant transformation, shifting towards digital technology and e-commerce to adapt to evolving gaming industry trends.
Dividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| March 29, 2019 | $0.38 | 2019-03-14 | 2019-03-15 |
| December 21, 2018 | $0.38 | 2018-12-10 | 2018-12-11 |
| October 2, 2018 | $0.38 | 2018-09-17 | 2018-09-18 |
| June 26, 2018 | $0.38 | 2018-06-11 | 2018-06-12 |
| March 20, 2018 | $0.38 | 2018-03-02 | 2018-03-05 |
Dividends Summary
- GameStop Corp. Class A has issued 29 dividend payments over the past 7 years
- The most recent dividend was paid 2367 days ago, on March 29, 2019
- The highest dividend payed out to investors during this period was $0.38 per share
- The average dividend paid during this period was $0.33 per share.
Company News
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GameStop reported Q2 revenue growth of 21.8%, with strong hardware and collectibles performance. Despite positive signs, the stock faces challenges from potential warrant issuance and short seller interest, limiting potential for another meme stock surge.
Several notable companies are set to report earnings this week, including GameStop, Oracle, Chewy, Planet Labs, and Adobe. Investors are watching key financial reports that could impact stock performance.
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GameStop, a meme stock, has seen a substantial decline of nearly 13% in the past month, raising concerns about its future. The company's efforts to adapt to industry shifts and transform its business model have met mixed reactions from investors. Despite the recent downturn, GameStop maintains a loyal following among retail investors and has bolstered its financial position through recent capital raises, providing flexibility to pursue digital transformation initiatives.
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