We are removing a dividend stock from our “best dividend stock” list today.
Name Being removed
Hasbro (HAS) continues to lag the markets and we prefer to leave Mattel (MAT) on our recommended list as the preferred play in the toy space. We still like Hasbro and its 4% plus dividend yield, but would hold off on adding to shares until we see better strength in the stock. This is not a sell call.
We continue to analyze our current recommendations closely, and are parsing through many candidates for potential upgrades onto our Best Dividend Stocks List.
Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.