Hasbro and EA Entertainment Enter Mobile Game Agreement (HAS)

Hasbro and EA Entertainment Enter Mobile Game Agreement (HAS)

RSS

On Tuesday, Hasbro Inc. (HAS) and EA Entertainment announced that EA will be making mobile platform versions of many of Hasbro’s highest-selling games.

In the press release, Hasbro, which makes Monopoly, Battleship, Scrabble, The Game of Life, and many other gaming staples, commented that the deal “is specifically focused on leveraging Hasbro’s rich game brands with EA’s leadership in the mobile space. Our relationship with EA for mobile is an integral component of our digital strategy for developing Hasbro brands across gaming platforms.”

The four-year agreement will involve several of Hasbro’s games.

Hasbro stocks were up slightly on the day, and the company is just over 6% off its 52-week high.

The Bottom Line

Shares of Hasbro Inc. (HAS) have a yield of 3.49% based on Tuesday’s closing price of $45.91.

Hasbro Inc. (HAS) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from Dividend.com.

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today