Hasbro Declares Fresh Dividend; Yield is 3.7%
On the heels of its latest quarterly results, toymaker Hasbro's (NASDAQ: HAS) board of directors declared a new quarterly dividend. Hasbro seems very comfortable with that amount; it has paid it in each of the preceding seven quarters. Hasbro's Q2 of fiscal 2020 earnings were released on Monday, revealing a worrying 29% year-over-year revenue decline, and a plunge well into the red on the bottom line (to nearly $34 million, from Q2 2019's $13.4 million profit).