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Hasbro Increases Dividend 12%, Stock Rallies 14% On Earnings

Shares of toy maker Hasbro (NASDAQ:HAS) jumped 14% on February 6, after the company reported quarterly earnings that crushed analyst expectations. Hasbro stock rose above $94 per share after earnings, marking an all-time high.

Not only did Hasbro reward shareholders with a higher share price, but the company also raised its quarterly dividend by 12%.

Hasbro is a Dividend Achiever, a group of 272 stocks with 10+ years of consecutive dividend increases.

You can see the full Dividend Achievers List here.

Hasbro stock has something to offer nearly all investors. It is a growth company, with an above-average dividend yield, and is a high dividend growth stock as well.

This article will provide an overview of Hasbro's performance in 2016, and what the company will do to grow the business in 2017 and beyond.

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