GDEV Inc ( GDEV ) shares are trading higher by 51% to $21.30 during Friday’s session after the company announced a one-time special cash dividend of $3.31 per share.

What To Know: The $60 million payout will be funded from accumulated profits and is set for distribution on March 11, 2025, to shareholders of record as of March 3, 2025.

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The company says this move aligns with GDEV’s strategy to optimize capital structure by reducing excess liquidity while maintaining financial flexibility. The company emphasizes that this is a one-time event, with no plans for future dividends.

CEO Andrey Fadeev highlighted the dividend as a milestone in GDEV's ( GDEV ) public history, reinforcing shareholder value without sacrificing long-term growth. Post-distribution, the company says it will remain debt-free with a $153 million cash position. GDEV ( GDEV ) plans to release its audited 2024 financial results by first-quarter 2025’s end.

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How To Buy GDEV Stock

Besides going to a brokerage platform to purchase a share – or fractional share – of stock, you can also gain access to shares either by buying an exchange traded fund (ETF) that holds the stock itself, or by allocating yourself to a strategy in your 401(k) that would seek to acquire shares in a mutual fund or other instrument.

For example, in GDEV’s case, it is in the Communication Services sector. An ETF will likely hold shares in many liquid and large companies that help track that sector, allowing an investor to gain exposure to the trends within that segment.

According to data from Benzinga Pro, GDEV ( GDEV ) has a 52-week high of $42.76 and a 52-week low of $14.10.