Hasbro Announces Quarterly Cash Dividend on Common Shares
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
dividends
Rhea-AI Summary
Hasbro, Inc. (NASDAQ: HAS) has declared a quarterly cash dividend of $0.68 per common share, payable on February 15, 2022, to shareholders recorded by the close of business on February 1, 2022. This reflects Hasbro's commitment to returning value to its shareholders while maintaining a strong portfolio of approximately 1,500 brands, including MAGIC: THE GATHERING and TRANSFORMERS. The company continues to focus on immersive brand experiences and ethical corporate practices, ensuring a stable environment for investor confidence.
Positive
Quarterly cash dividend of $0.68 per share indicates strong commitment to shareholder returns.
Hasbro maintains a diverse portfolio of 1,500 brands, enhancing business stability.
Recognition as one of the World’s Most Ethical Companies suggests strong corporate governance.
Negative
None.
Insights
Analyzing...
PAWTUCKET, R.I.--(BUSINESS WIRE)--
Hasbro, Inc. (NASDAQ: HAS) today announced that its Board of Directors has declared a quarterly cash dividend of $0.68 per common share. The dividend will be payable on February 15, 2022 to shareholders of record at the close of business on February 1, 2022.
About Hasbro
Hasbro (NASDAQ: HAS) is a global play and entertainment company committed to making the world a better place for all children, fans and families. Hasbro delivers immersive brand experiences for global audiences through consumer products, including toys and games; entertainment through eOne, its independent studio; and gaming, led by the team at Wizards of the Coast, an award-winning developer of tabletop and digital games best known for fantasy franchises MAGIC: THE GATHERING and DUNGEONS & DRAGONS.
The company’s unparalleled portfolio of approximately 1,500 brands includes MAGIC: THE GATHERING, NERF, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE, DUNGEONS & DRAGONS, POWER RANGERS, PEPPA PIG and PJ MASKS, as well as premier partner brands. For the past decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media and one of the World’s Most Ethical Companies by Ethisphere Institute. Important business and brand updates are routinely shared on our Investor Relations website, Newsroom and social channels (@Hasbro on Twitter, Instagram, Facebook and LinkedIn.)
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