GDEV declares one-time special cash dividend of $3.31 per share

GDEV’s (GDEV) Board of Directors has authorized and approved a one-time, nonrecurring special cash dividend of $3.31 per share, representing a yield of approximately 20% based on the volume-weighted average price of the Company’s shares for the last 30 trading days prior to today’s announcement. The special dividend is payable on March 11, 2025, to the Company’s shareholders of record as of the close of business on March 3, 2025. This one-time special dividend, totaling approximately $60M, will be funded from GDEV’s accumulated profits over the past few years and represents a portion of the Company’s total cash balance of approximately $153M. The Company expects to release its audited results for the 2024 financial year around the end of the first quarter of 2025.