Hasbro, Inc.

(NASDAQ Global Select)
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Slightly Bullish +15

HAS Dividend History: 3.03% Yield Β· $0.70 quarterly | MerryDiv

AI-generated analysis

πŸ“ˆ Hasbro pays a $2.80 annual dividend ($0.70 quarterly) with a current yield of 3.03% at a share price of roughly $92.53.

πŸ“‰ Dividend growth has stalled materially, with the annual payment held flat at $2.80 since 2023 despite a long-term CAGR of 7.5% from 2010 to 2025.

πŸ›‘οΈ The company maintains a moderate payout ratio of 49.6%, retaining sufficient earnings to support the dividend without stretching the balance sheet.

πŸ“Š Hasbro exhibits low market volatility with a beta of 0.466, making it suitable for income investors prioritizing steadiness over price swings.

🎒 The business operates across three segments: Consumer Products, Wizards of the Coast digital gaming, and Entertainment, diversifying revenue streams.

⚠️ As a consumer cyclical stock, Hasbro faces risks of compressed earnings if toy and game demand softens during economic downturns.

Bullish Signals
  • Hasbro maintains a twelve-year streak of consecutive dividend increases, signaling a strong commitment to shareholder returns.
  • The company retains approximately 49.6% of earnings as dividends, leaving meaningful retained earnings that support the current payment without stretching the balance sheet.
Risk Factors
  • Dividend growth has stalled materially since 2023, with the annual dividend held flat at $2.80 for three consecutive years.
  • As a consumer cyclical stock, Hasbro faces the risk of compressed earnings and tighter headroom for dividends if toy and game demand softens during economic downturns.
Full Analysis
Hasbro, Inc. (HAS) is a global leader in play and entertainment with a diversified revenue base spanning Consumer Products, digital gaming via Wizards of the Coast, and Entertainment segments. The company pays an annual dividend of $2.80 per share, distributed quarterly, resulting in a current yield of 3.03% based on a stock price of approximately $92.53. Hasbro has maintained a streak of twelve consecutive years of dividend growth, demonstrating a long-term commitment to returning capital to shareholders while retaining roughly 49.6% of earnings to support operations. The company's dividend history shows a compound annual growth rate (CAGR) of 7.5% from 2010 to 2025, driven by significant increases in earlier years such as a 51.3% jump in 2012. However, recent growth has stalled materially, with the annual dividend holding flat at $2.80 since 2023. This plateau means that while the yield remains moderate and aligned with its five-year average of 3.0%, investors are not seeing near-term expansion in per-share payments. Financially, Hasbro operates with a beta of 0.466, indicating low volatility relative to the broader market, which appeals to income-focused investors seeking steadiness over price swings. The moderate payout ratio provides safety by leaving meaningful earnings retained within the business, though the company faces cyclical risks inherent to the toy and game sector where demand can soften during economic downturns, potentially compressing earnings and tightening headroom for future dividends.