Activision Blizzard, Inc. (NASDAQ:ATVI) declared a quarterly dividend on Thursday, February 8th, RTT News reports. Shareholders of record on Friday, March 30th will be paid a dividend of 0.34 per share on Wednesday, May 9th. This represents a $1.36 annualized dividend and a yield of 2.03%. The ex-dividend date is Wednesday, March 28th. This is a boost from Activision Blizzard’s previous quarterly dividend of $0.30.
Shares of Activision Blizzard (NASDAQ ATVI) traded up $1.25 during mid-day trading on Friday, reaching $67.08. The company’s stock had a trading volume of 18,580,000 shares, compared to its average volume of 6,080,000. Activision Blizzard has a one year low of $38.93 and a one year high of $74.94. The company has a debt-to-equity ratio of 0.44, a quick ratio of 2.22 and a current ratio of 2.25. The firm has a market capitalization of $51,680.00, a P/E ratio of 191.66, a PEG ratio of 1.81 and a beta of 1.11.
Activision Blizzard (NASDAQ:ATVI) last announced its quarterly earnings results on Thursday, February 8th. The company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.92 by $0.02. Activision Blizzard had a return on equity of 17.37% and a net margin of 3.89%. The company had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.55 billion. During the same quarter last year, the company posted $0.65 earnings per share. The company’s revenue for the quarter was up 7.7% compared to the same quarter last year. sell-side analysts expect that Activision Blizzard will post 2.48 earnings per share for the current fiscal year.
In related news, CEO of King Digital Entertainment Riccardo Zacconi sold 19,761 shares of the firm’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $63.64, for a total value of $1,257,590.04. Following the completion of the transaction, the insider now directly owns 41,435 shares of the company’s stock, valued at $2,636,923.40. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.12% of the stock is owned by company insiders.
Activision Blizzard Company Profile
Activision Blizzard, Inc is a developer and publisher of interactive entertainment content and services. The Company develops and distributes content and services across various gaming platforms, including video game consoles, personal computers (PC) and mobile devices. Its segments include Activision Publishing, Inc (Activision), Blizzard Entertainment, Inc (Blizzard), King Digital Entertainment (King) and Other.
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