NEW YORK, Feb 16 (Reuters) - Hasbro Inc (HAS.N: Quote, Profile, Research) said on Thursday it would raise its quarterly cash dividend to 12 cents per share, up from its previous previous quarterly dividend of 9 cents per common share.
"The Board's decision to increase the dividend is recognition of the company's improved performance and the increasing reliability of earnings and cash flow," Alfred Verrecchia, president and chief executive, said in a statement. |