🟢 NTDOY is trading 5% up today after a 321% dividend hike

NTDOY is trading 5% up at $10.68 after Nintendo sharply boosted its semi-annual dividend, signaling strong management confidence.

• The company paid JP¥177 ($1.09) per share on June 29, representing a 321% increase from the JP¥42 ($0.26) paid in December.
• The substantial dividend hike highlights a supportive capital-return stance despite a year-to-date slump in the stock price.
• Investors are responding positively to the significantly higher income stream and management's optimistic outlook.