Shares of toy maker Hasbro (HAS) jumped 14% on February 6, after the company reported quarterly earnings that crushed analyst expectations. Hasbro stock rose above $94 per share after earnings, marking an all-time high.

Not only did Hasbro reward shareholders with a higher share price, but the company also raised its quarterly dividend by 12%.

Hasbro is a Dividend Achiever, a group of 272 stocks with 10+ years of consecutive dividend increases.

Hasbro stock has something to offer nearly all investors. It is a growth company, with an above-average dividend yield, and is a high dividend growth stock as well.

This article will provide an overview of Hasbro’s performance in 2016, and what the company will do to grow the business in 2017 and beyond.

Financial Results Overview

Hasbro is a global toy manufacturer. The company operates the following segments:

For the fourth quarter, Hasbro reported revenue of $1.63 billion. Analyst expectations called for $1.5 billion. Meanwhile, earnings-per-share came to $1.64, which handily exceeded expectations of $1.27.

On a year-over-year basis, Hasbro’s revenue and earnings-per-share rose 11% and 10%, respectively, from the fourth quarter of 2015.

Source: 4Q Earnings Presentation, page 6

Hasbro also realized growth across product categories. Franchise brands grew 3% for the quarter, due to growth in the Nerf, Transformers, and Monopoly brands.

Revenue from games rose 11% in the fourth quarter, due to growth in the Pie Face, Duel Masters, and Speak-Out games. Lastly, revenue from Hasbro’s partner brands increased 16%, thanks largely to growth of Disney (DIS) Princess and Frozen toys.

Hasbro’s fourth-quarter performance capped off a phenomenal year for the company.

All three operating segments posted excellent growth in 2016. U.S. and Canada, International, and Entertainment and Licensing revenue increased 15%, 11%, and 8%, respectively.