FishyJoe on 02 April 2008
A 2.2% dividend is huge for a tech company. Most don't even give a dividend. And for a video game company, I don't know any that give a significant dividend.
As for the ADR, it's 1/8 a 7974 share so we will receive 1/8 of that dividend. It's a nice bonus but I'm up over 150% overall on my shares. My initial shares are up over 300%.
Nintendo made 259 billion yen for the first 9 months, so they've already passed the $2.5 billion mark more or less depending on your currency valuation. I'm thinking they'll do from 70-90 billion yen profit this quarter. It would have been more but the dollar got crushed.
