Market Overview

Ex-Dividend Date Insight: Hasbro


On July 29, 2020, Hasbro (NASDAQ: HAS) announced shareholders can expect to receive a dividend payable on November 16, 2020. The stock will then go ex-dividend 1 business day(s) before the record date. Hasbro has an ex-dividend date planned for October 30, 2020. The company's current dividend payout sits at $0.68. That equates to a dividend yield of 3.76% at current price levels.

The Significance Of An Ex-Dividend Date

Ex-dividend dates are when company shares stop trading with their current dividend payouts in preparation for those companies to announce new ones. Usually, a company's ex-dividend date falls one business day before its record date. Investors should keep this in mind when purchasing stocks because buying them on or after ex-dividend dates does not qualify them to receive the declared payment. Newly declared dividends go to shareholders who have owned that stock before the ex-dividend date. Most ex-dividend dates operate on a quarterly basis.

Hasbro's Dividend Performance

Over the past year, Hasbro has experienced no change regarding its dividend payouts and an overall upward trend regarding its yields. Last year on October 31, 2019 the company's payout was $0.68, which has returned to its value today. Hasbro's dividend yield last year was 2.26%, which has since grown by 1.5%.
Companies use dividend yields in different strategic ways. Some companies may opt to not give yields altogether to reinvest in themselves. Other companies may opt to increase or decrease their yield amounts to control how their shares circulate throughout the stock market.

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Posted-In: Dividends