PagSeguro Digital Ltd. (NYSE:PAGS) is one of the 10 Stocks Post Jaw-Dropping Gains.
PagSeguro saw its share prices grow by 12.68 percent on Monday to close at $9.42 apiece as investors gobbled up stocks following the declaration of cash dividends.
In a regulatory filing, PagSeguro Digital Ltd. (NYSE:PAGS) said its board of directors approved the distribution of cash dividends worth $0.12 to shareholders as of record date June 16, 2025. The dividends are payable on August 15, 2025.
PagSeguro Digital Ltd. (NYSE:PAGS) said it expects to make two additional special distribution of cash dividends in the same amount for common shareholders within the next three quarters, subject to certain conditions, including market and company financial conditions.
In the first quarter of the year, PagSeguro Digital Ltd. (NYSE:PAGS) said it achieved an 8.9-percent increase in net income at R$525 million from R$482 million in the same period last year. Revenues grew by 12.6 percent to R$4.85 billion from R$4.3 billion year-on-year.
A businessperson standing in front of a brick-and-mortar establishment using a tablet to process an in-person payment.
Looking ahead, PagSeguro Digital Ltd. (NYSE:PAGS) said it is confident to deliver and achieve its 2025 guidance, saying that the bank is “a company recognized for its strong track record in delivering results and balancing growth with profitability despite economic cycles.”
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Disclosure: None. This article is originally published at Insider Monkey.