Should You Buy Hasbro for Its High Dividend Yield?
Hasbro (NASDAQ: HAS) is one of the leading toy and games companies, owning popular brands like Play-Doh, Magic: The Gathering, Dungeons & Dragons, Monopoly, Nerf, and Transformers. Growing revenue and free cash flows delivered solid returns and increased dividends for shareholders. Weak sales trends caused the stock to fall 40% in 2022, underperforming the S&P 500 index.