Hasbro Announces Quarterly Cash Dividend on Common Shares

Rhea-AI Summary

Hasbro, Inc. (NASDAQ: HAS) has declared a quarterly cash dividend of $0.68 per common share, set to be paid on August 16, 2021. Shareholders of record as of August 2, 2021 will be eligible for this payment. This announcement underscores Hasbro's commitment to returning value to its shareholders while continuing to engage audiences through its vast portfolio of approximately 1,500 brands, including MAGIC: THE GATHERING, TRANSFORMERS, and DUNGEONS & DRAGONS.

Positive

• Quarterly cash dividend of $0.68 per share announced.
• Dividend payment reinforces shareholder value.

Negative

• None.

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 August 16, 2021 to shareholders of record at the close of business on August 2, 2021.

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.)

© 2021 Hasbro, Inc. All Rights Reserved.

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FAQ

What is the dividend amount declared by Hasbro for Q3 2021?

Hasbro has declared a quarterly cash dividend of $0.68 per common share.

When will the dividend be paid to shareholders?

The dividend will be paid on August 16, 2021.

What is the record date for the dividend payment?

The record date for the dividend payment is August 2, 2021.

How frequently does Hasbro pay dividends?

Hasbro typically pays dividends on a quarterly basis.

Is Hasbro's dividend sustainable?

The sustainability of Hasbro's dividend can be evaluated based on its financial performance and cash reserves.