Monday, October 24, 2011

Dividend Machine for October 24, 2011 Hasbro Inc., symbol HAS

Hamtaro plush from HasbroImage via Wikipedia

Dividend Machine for October 24, 2011 Hasbro Inc., symbol HAS


            Writing this blog on investing for income is such fun and who does not like to have fun?   Hasbro Inc, symbol HAS, is company that makes money selling toys and games.  Hasbro, Inc has been engaged in proving not only fun but also a steadily increasing dividend for quite a while now.  This is our income investors’ dividend machine for October 24, 2011

            HAS earns $2.80 per share per year and pays out a $1.20 dividend.  HAS stock price at the market close on Friday October 21, 2011 was $35.08 with a dividend yield of 3.43 percent.  Hasbro increases their dividend every year and has done so for at least five years.  With a debt to equity ratio of 1.03, I think this company could diversify the portion of your portfolio that you dedicate to income.

Very Truly Yours,
TheMoneyMadam
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