Mattel Inc. (MAT) CEO Stockton Resigns; Prelim. Q4 Results Miss Expectations

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Goldman Sachs Comments on Mattel's (MAT) Negative Pre-announcement (HAS)

January 26, 2015 1:57 PM EST

Goldman Sachs maintained a Neutral rating on Mattel Inc. (NASDAQ: MAT) with a price target of $29. Earlier its CEO resigned and it reported soft preliminary Q4 results.

Commenting on developments, analyst Taposh Bari said, "Disappointing results and a change in leadership will likely refocus investor attention to dividend sustainability and normalized EPS power... More

Mattel (MAT) Declares $0.38 Quarterly Dividend; 5.4% Yield

January 26, 2015 9:05 AM EST

Mattel (NASDAQ: MAT) declared a quarterly dividend of $0.38 per share, or $1.52 annualized.

The dividend will be payable on March 6, 2015, to stockholders of record on February 19, 2015, with an ex-dividend date of February 17, 2015.

The annual yield on the dividend is 5.4 percent.

For a... More