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Barchart
Barchart
Mark R. Hake, CFA

Hasbro Stock Has a 5.5% Yield, But Attracts Large Unusual Put Options Activity

Hasbro (HAS) reported lower results for 2022 but said it would keep its dividend, giving the stock a 5.5% yield. But a large investor has likely both shorted and gone long a pair of put options. This showed up in today's Barchart Unusual Stock Options Activity Report.

On Feb. 16 the company reported that its Q4 revenues were down 17% year-over-year (YoY) but it still had an adjusted operating margin of 16%. In addition, its adj. earnings per share were $1.31, up 8% YoY.

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