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. The dividend will be payable on November 15, 2022, to shareholders of record on November 1, 2022. This decision reflects Hasbro's commitment to returning value to its shareholders while maintaining its position as a leader in the play and entertainment industry. The company continues to produce a diverse range of toys and games and has a strong portfolio of approximately 1,500 brands.

Positive

• Quarterly cash dividend of $0.70 per share demonstrates commitment to shareholder value.

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 November 15, 2022 to shareholders of record at the close of business on November 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.)

© 2022 Hasbro, Inc. All Rights Reserved.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20220728005634/en/

Investor Contact: Debbie Hancock | Hasbro, Inc. | (401) 727-5401 | 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 2022?

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

When will Hasbro's dividend be paid?

The dividend will be payable on November 15, 2022.

Who are the shareholders of record for Hasbro's dividend?

Shareholders of record at the close of business on November 1, 2022, will receive the dividend.