Hasbro Announces Quarterly Cash Dividend on Common Shares

Rhea-AI Summary

Hasbro, Inc. (NASDAQ: HAS) has declared a quarterly cash dividend of $0.70 per common share. The dividend will be payable on May 15, 2023, to shareholders of record as of May 1, 2023. This announcement underscores Hasbro’s commitment to returning value to its shareholders while continuing to uphold its brand reputation in global entertainment.

Positive

• Quarterly cash dividend of $0.70 per share demonstrates company confidence in financial stability and commitment to shareholders.

Negative

• None.

PAWTUCKET, R.I.--(BUSINESS WIRE)-- Hasbro, Inc. (NASDAQ: HAS) today announced that its Board of Directors has declared a quarterly cash dividend of $0.70 per common share. The dividend will be payable on May 15, 2023 to shareholders of record at the close of business on May 1, 2023.

About Hasbro

Hasbro is a global branded entertainment leader whose mission is to entertain and connect generations of fans through the wonder of storytelling and exhilaration of play. Hasbro delivers engaging brand experiences for global audiences through gaming, consumer products and entertainment, with a portfolio of iconic brands including MAGIC: THE GATHERING, DUNGEONS & DRAGONS, Hasbro Gaming, NERF, TRANSFORMERS, PLAY-DOH and PEPPA PIG, as well as premier partner brands.

Hasbro is guided by our Purpose to create joy and community for all people around the world, one game, one toy, one story at a time. For more than a decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media, one of the World’s Most Ethical Companies by Ethisphere Institute and one of the 50 Most Community-Minded Companies in the U.S. by the Civic 50. For more information, visit corporate.hasbro.com.

© 2023 Hasbro, Inc. All Rights Reserved.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20230213005337/en/

Investors: Debbie Hancock | Hasbro, Inc. | (401) 727-5401 | debbie.hancock@hasbro.com

Media: Allison McEneaney | Hasbro, Inc. | (917) 957-2421 | allison.mceneaney@hasbro.com

Source: Hasbro, Inc.

FAQ

What is the dividend amount declared by Hasbro for May 2023?

Hasbro has declared a quarterly cash dividend of $0.70 per common share.

When is the dividend payment date for Hasbro's latest dividend?

The dividend will be payable on May 15, 2023.

Who is eligible to receive Hasbro's declared dividend?

Shareholders of record as of May 1, 2023, are eligible to receive the dividend.