HOW TO PLAY IT

Forbes - - TECHNOLOGY - BY JOHN DOBOSZ

founded in 1979, Ac­tivi­sion Bliz­zard orig­i­nally sold games on car­tridges for the atari 2600. to­day it’s the name be­hind block­buster fran­chises like Call of Duty, World of War­craft, Over­watch and Candy Crush. rev­enue has grown 17.9% a year for the past decade, and it’s ex­pected to grow 4.7% to $7.49 bil­lion this year. Wall street looks for earn­ings to surge 15.3% to $2.63 per share. it’s no yield gusher, but since 2010 ac­tivi­sion has paid an­nual div­i­dends, and the pay­out has grown 127% over the past eight years to $0.34 per share last March. the av­er­age price tar­get among an­a­lysts for ac­tivi­sion is $80.

John Dobosz is editor of Forbes Div­i­dend In­vestor and Forbes Pre­mium In­come Re­port.

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