Hasbro, Inc. (NASDAQ:HAS) Declares $0.70 Quarterly Dividend

Hasbro, Inc. (NASDAQ:HASGet Free Report) announced a quarterly dividend on Tuesday, May 12th. Investors of record on Monday, June 1st will be paid a dividend of 0.70 per share on Thursday, June 11th. This represents a c) annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend is Monday, June 1st.

Hasbro has raised its dividend by an average of 0.0%annually over the last three years. Hasbro has a dividend payout ratio of 60.1% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Hasbro to earn $6.42 per share next year, which means the company should continue to be able to cover its $2.80 annual dividend with an expected future payout ratio of 43.6%.

Hasbro Trading Down 0.2%

HAS opened at $86.17 on Friday. Hasbro has a fifty-two week low of $64.85 and a fifty-two week high of $106.98. The company has a debt-to-equity ratio of 4.59, a current ratio of 1.65 and a quick ratio of 1.49. The firm has a market capitalization of $12.19 billion, a price-to-earnings ratio of -51.91, a PEG ratio of 2.13 and a beta of 0.52. The company’s 50 day moving average price is $92.52 and its two-hundred day moving average price is $89.78.

Hasbro (NASDAQ:HASGet Free Report) last posted its earnings results on Wednesday, May 20th. The company reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.20 by $0.27. Hasbro had a negative net margin of 4.62% and a positive return on equity of 174.64%. The firm had revenue of $1 billion for the quarter, compared to analyst estimates of $969.20 million. During the same period in the previous year, the firm posted $1.04 EPS. The company’s revenue for the quarter was up 12.7% compared to the same quarter last year. As a group, research analysts predict that Hasbro will post 5.96 earnings per share for the current year.

About Hasbro

(Get Free Report)

Hasbro, Inc is a global play and entertainment company, known for designing, manufacturing and marketing a diverse portfolio of toys, games and consumer products. Founded in 1923 as Hassenfeld Brothers and headquartered in Pawtucket, Rhode Island, the company has grown into one of the foremost names in the toy industry, with a presence in retail, digital and entertainment channels worldwide.

The company’s brand portfolio features iconic properties such as Monopoly, Play-Doh, Nerf, My Little Pony and Transformers.

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Dividend History for Hasbro (NASDAQ:HAS)

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