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Hasbro (HAS) - Get Hasbro Inc. Report said today that its board of directors has declared a quarterly cash dividend of 57 cents per common share.

The dividend is payable on August 15 to shareholders of record at the close of business on August 1.

Last week, TheStreet's Stephen Guilfoyle wrote that he was bullish on Hasbro.

"I love its products, love its approach to a family-subscription game offer and love the tie-ins with Disney (DIS) - Get The Walt Disney Company Report. I'll buy a portion of my intended long for this name the next time HAS sells off hard, and then see which way the wind blows," he wrote.

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Shares of Hasbro were lower during mid-morning trading on Thursday.

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