Hasbro Announces Quarterly Dividend for 3rd Quarter as Scrabble Timer Becomes a Must-Have Accessory

Top Quote The Board of Directors of Hasbro, Inc. (NYSE: HAS) declared a quarterly cash dividend of $0.25 per common share. End Quote
  • (1888PressRelease) October 13, 2010 - Hasbro, Inc. announces a quarterly cash dividend of common stock shares for 3rd Quarter 2010 as the Scrabble Timer becomes this holiday season's must-have accessory.

    The dividend will be payable to shareholders of record on the close of business on November 1, 2010. They actual payout will be on November 15, 2010.

    Hasbro has long been a worldwide leader as a provider of some of the nation's and world's best games. Hasbro is the home to many other household names: Playskool, Tonka, Milton Bradley, Parker Brothers, and more. Some of their best-known game titles are Monopoly, Weebles, Nerf, Battleship, Cranium, My Little Pony, GI Joe, Mr. Potato Head, and many more. Monopoly has been its best seller. However, Scrabble seems to produce its most rabid fan base, as there are tournaments worldwide.

    The Scrabble Timer is this holiday season's must-have Scrabble accessory for both beginner and advanced players. ScrabbleTimer.com announced last August that it will start selling a variety of Scrabble-related products just in time for the holidays. The website plans to offer the classic sand timers as well as tournament-grade timers for purchase online.

    The game of Scrabble was created in 1938 by architect Alfred Mosher Butts and is a variation of an early word game he invented called Lexiko. The game is currently trademarked by Hasbro in the United States and Canada; while Mattel holds the trademark elsewhere.

    The popularity of Scrabble over the years has launched numerous tournaments for players and Scrabble aficionados. Tournaments, like the National Scrabble Championship or the Brand's Crossword Game King's Cup, all use official Scrabble Timers, also known as 'tournament clocks' sanctioned by the club. It is needed to avoid what's called in Scrabble lingo as "speedy-draw syndrome" and allows the player a few seconds to record the total score before drawing replacement tiles during tournament play.

    Scrabble Timer, the essential Scrabble accessory, is a must for Scrabble players of all skill level this holiday season. For a complete product list of Scrabble timers, visit http://www.ScrabbleTimer.com.

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