Mattel Slashes Dividend as CEO Frees Funds for Turnaround Effort – WSJ

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Mattel Inc. is cutting its quarterly dividend by more than half, as new Chief Executive Margo Georgiadis looks to free up money to help the toy maker modernize its brands for the digital world and expand in emerging markets.

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@WSJRisk on Twitter
@WSJRisk: Mattel slashes dividend as CEO frees funds for turnaround effort on.wsj.com/2sBqDS7

@Patrick_Henz on Twitter
@Patrick_Henz: Mattel is cutting its payout to 15 cents from 38 cents a share.
on.wsj.com/2t350rh

@WSJ on Twitter
@WSJ: Mattel is cutting its payout to 15 cents from 38 cents a share.
on.wsj.com/2t350rh

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