HOW TO PLAY IT
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.