GameStop is Debt-Free and Paying a Dividend
GameStop may be facing publisher's efforts to undermine its bread and butter – used game sales – but the company is excited to remind investors that it paid off its corporate debt on December 16, 2011. Now debt free and wanting to inspire further investor conference (or perhaps attract a different type of investor), GameStop announced that it plans to start paying quarterly dividends. The first such dividend will be paid on March 12, 2012 to shareholders of record as of February 21, 2012. GameStop will pay out $0.15 per share.