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GameStop raises quarterly dividend 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.