Toy companies hike up on dividend payouts
Dividend pay outs by toy companies upped by over 20%
Investors will no doubt be happy this week,
as Hasbro and Mattel announced an increase to to their dividend
payouts.
Hasbro increased their payout by 20% to 36 cents from 30 cents following Mattel's 35% increase on its own dividends on Tuesday, raising the payout from 23 cents from 31 cents.
Both stocks are up more than 10% this year, exceeding the broader
market’s gain.
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