From a press release issued today via Hasbro (HAS NYSE)
, the company has announced a quarterly cash dividend of $0.30 per common share. The dividend will be payable on February 15, 2012 to shareholders of record at the close of business on February 1, 2012.
During the tenure of the Transformers movie trilogy and the release of the live action G.I. JOE movie, dividends maintained an average payout of $0.20 per common share. With the increase in payout per share, speculation of a possible fourth film for the Transformers movieverse and the upcoming release of G.I. JOE 2, things are looking good for the toy maker.
Check out the full press release via Business Wire here.
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