The Nasdaq OMX Group recently announced changes to its Nasdaq
Dividend Achievers Indexes.
), a mainstay in the Dividend Leaders screen to the left,
andWestar Energy (
), also a mainstay in the Utility Leaders screen, are new
additions to the Nasdaq U.S. Dividend Achievers 50 Index.
Hasbro, with a market capitalization just north of $7 billion,
is the No. 2 toy and game maker behindMattel (
), but Hasbro has been making inroads in the girl-toy market, an
area long dominated by Mattel with its Barbie and American Girl
Hasbro reported lukewarm Q4 results on Feb. 10. Investors
didn't mind, though, as the stock soared 4.5% in heavy volume on
the results. Earnings and sales missed estimates, but Wall Street
was encouraged by news that girl-toy sales rose for the sixth
straight quarter, up 19% to $348.8 million. In 2013, sales at its
girls division rose 26%, topping $1 billion for the first time,
helped by a revived My Little Pony brand.
Hasbro also forecast strong emerging markets growth this year
and raised its quarterly dividend 8% to 43 cents a share, giving
it a yield of 3.1%.
Westar Energy has a simple business. It distributes
electricity in Kansas. Electricity providers like Westar have
been rising lately after Warren Buffett signaled in a recent
letter to shareholders thatBerkshire Hathaway 's (BRKA)
MidAmerican Energy Holdings is keen on another "major"
acquisition after paying more than $5 billion last year for
Nevada utility NV Energy.
Earnings and sales growth has been choppy in recent quarters
at Westar. Fourth-quarter profit fell 11% from a year ago, but
sales growth accelerated nicely from the third quarter, rising 7%
to $559.9 million.
Westar pays a quarterly dividend of 35 cents a share, giving
it a yield of 4%.