Hasbro Announces Quarterly Cash Dividend on Common Shares

Rhea-AI Summary

Hasbro, Inc. (NASDAQ: HAS) has announced a quarterly cash dividend of $0.70 per common share, payable on February 15, 2023, to shareholders on record as of February 1, 2023. This decision reflects the company's commitment to returning value to its shareholders while maintaining its position as a leader in branded entertainment. With a portfolio that includes iconic brands like MAGIC: THE GATHERING and TRANSFORMERS, Hasbro continues to engage global audiences through innovative gaming and consumer products.

Positive

• Quarterly cash dividend of $0.70 per share indicates strong financial health.
• Dividend payment reflects commitment to shareholder value.
• Diverse portfolio of iconic brands supports continued engagement and revenue.

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 February 15, 2023 to shareholders of record at the close of business on February 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 https://corporate.hasbro.com.

© 2022 Hasbro, Inc. All Rights Reserved.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20221206006000/en/

Investors: Debbie Hancock | Hasbro, Inc. | (401) 727-5464 | debbie.hancock@hasbro.com

Media: Carrie Ratner | Hasbro, Inc. | (401) 556-2720 | carrie.ratner@hasbro.com

Source: Hasbro, Inc.

FAQ

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

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

When will the dividend be paid to shareholders?

The dividend will be payable on February 15, 2023.

What is the record date for the February 2023 dividend?

The record date for the dividend is February 1, 2023.

How often does Hasbro pay dividends?

Hasbro typically pays dividends on a quarterly basis.