A fun stock for income investors that have a bit of an appetite for risk but are willing to lose their stock if it soars.
GME, GameStop is a stock a client of my owned and it was not pretty. Without a doubt GameStop has had a bit of a rocky ride from an earnings view point.
Most recent earnings look good. At $3.20 per share, EPS far exceed the dividend.
Currently the dividend is $.36 per share for an annualized yield of 3.52% at an intraday price of $40.80. They have consistently raised the dividend since they started paying out in February, 2012. GME is ex-dividend on March 13, 2015. GME has almost no debt with a D/E ratio of .17.
I sold April $48 calls for $.83. I get the dividend and the call.
This is one that I hope they don’t take but I will not be unhappy if they do.