Electronic Arts Inc. (EA) will start paying a quarterly dividend to shareholders. The first dividend is 17 cents per share.

The first dividend is payable on December 23, 2020 to stockholders of record as of the close of business on December 2, 2020.

In the press release announcing Q2 FY 2021 financial results the dividend is announced: “Thanks to the incredible work of our teams and everything they continue to do for players while working from home, we’re delivering more fan-favorite games, growing our leading live services, and engaging more players across more platforms than ever before,” said CEO Andrew Wilson. “Our business has grown significantly this year, and we are projecting continued expansion into FY22 and beyond.”

“We delivered a quarter well above our guidance, driven by our live services, particularly Madden and FIFA. This resulted in a new record trailing twelve-month cash flow of $2.04 billion. We are pleased to announce a new share repurchase program and also to initiate a dividend for the first time in EA history,” said COO and CFO Blake Jorgensen. “We are on track to deliver strong growth this year and expect continued growth in fiscal 2022 and in the years to come. Apex Legends is on track to become our latest billion-dollar franchise by the end of the fiscal year. All of our studios continue to execute amazingly well and have enabled us to launch an industry-leading eight games since the beginning of the fiscal year, while continuing to deliver live services content and expand onto new platforms.”

Electronic Arts Inc. (EA) is a digital interactive entertainment company, developing games, content and services that can be played by consumers on game consoles, PCs, cellphones and tablets. EA brands include Battlefield, The Sims, Apex Legends, Need for Speed, Plants vs. Zombies, FIFA, Madden NFL and Star Wars. The company initiated a dividend in 2020.