Activision Blizzard Inc. (ATVI) will raise its annual dividend by 10.8 percent to $0.41 per share in the first quarter of 2020. This follows dividend increases in each of the past nine years. In 2019 the games developer hiked its dividend by 8.8 percent.
The increased dividend is payable on May 6, 2020 to shareholders of record at the close of business on April 15, 2020. The new rate of 41 cents annually yields 0.7% at the current stock price.
Activision Blizzard, Inc. is a developer and publisher of online, personal computer (PC), video game console, handheld, mobile and tablet games. Its franchises include Call of Duty, World of Warcraft, Spyro, Crash, Bubble Witch, Farm Heroes and Candy Crush.