Electronic Arts Inc. (EA) will raise its quarterly dividend for the first time in its history. The digital interactive entertainment company had initiated a quarterly dividend of 17 cents in 2020 and will now raise this payment by 11.8 percent to 19 cents quarterly.
EA has declared a quarterly cash dividend of $0.19 per share of the Company’s common stock, which represents a 12% increase from prior quarter. The dividend is payable on June 22, 2022 to shareholders of record as of the close of business on June 8, 2022. At a stock price of $111.60 the new dividend yield for EA is 0.7%.
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.