PagSeguro (PAGS) Soars to Fresh Peak as Firm Hints at 'Strategic Update'

We recently published 10 Hot Stocks Investors Are Buying, 5 Break Fresh Records. PagSeguro Digital Ltd. (NYSE:PAGS) is one of the best performers on Tuesday.

PagSeguro saw its share prices soar to a fresh high on Tuesday as investors repositioned portfolios ahead of the company’s strategic update call held after market close.

During the session, PagSeguro Digital Ltd. (NYSE:PAGS) hit a new 52-week high of $10.78 before trimming gains to end the day just up by 10.72 percent at $10.74 apiece.

Updates on the investor call are expected to be announced as early as Wednesday, September 17.

In other developments, PagSeguro Digital Ltd. (NYSE:PAGS) announced the distribution of $0.12 worth of special cash dividends to investors as of October 6. The dividend is set to be paid on November 3, 2025.

As previously announced, PagSeguro Digital Ltd. (NYSE:PAGS) said it expects to make one more special distribution of cash dividends in the same amount of $0.12 per common share within the next two quarters, subject, among other factors, to market and company financial conditions.

Any future declaration of dividends and the amount thereof will be at the discretion of the company’s board of directors.

While we acknowledge the potential of PAGS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.