Dividend Yield: 3.4%
Hasbro (HAS) probably kept you entertained as a kid, it might keep your own kids entertained now … and hey, if you’re a board game-lover like me, it might still be the center of your good, old fashioned fun.
Besides kid toys like Tickle Me Elmo, the game-maker is also responsible for classics like Monopoly, Yahtzee, Trivial Pursuit and Scrabble — my family’s personal favorite.
If you’re less into dice and more into income, though, HAS has you covered. Hasbro offers a 40-cent quarterly dividend that translates to a roughly 3.4% — not bad considering the stock’s 30% year-to-date run.
Earnings slipped in most recent quarter — a reality blamed on boy toy weakness — however, Needham & Company analysts still upgraded Hasbro stock to a “buy” afterward, citing increased strength and visibility in gaming. Its $52 target still is good for double-digit upside.
Hasbro also has some promising deals in its corner. It just extended its partnership with Disney for merchandising rights to Marvel characters, and has rights to the Star Wars franchise through 2020 — good news considering a new trilogy is on its way.
Those long-term tailwinds — combined with Hasbro’s $245 million free cash flow and more than $1 billion in cash — should keep Rich “Uncle” Pennybags smiling all the way to Go.