GameStop raises quarterly dividend to 27.5 cents

GameStop boosts regular quarterly cash dividend by 10 percent to 27.5 cents

GRAPEVINE, Texas (AP) -- GameStop Corp. said Tuesday that its board approved a 10 percent increase to its regular quarterly dividend, boosting it to 27.5 cents.

The Grapevine, Texas-based video-game retailer said the new dividend, which amounts to $1.10 per share on an annual basis, will be paid on March 19 to shareholders of record as of March 5.