Tim Beyers

We back it for some dividend growth here.

Carl, I'm going to go to you on stock that you own.

We're talking toys, Hasbro.

By the way, I had forgotten, did you know this, that Hasbro is the home of Play-Doh?

I didn't know that.

I knew they were the home of Monopoly and D&D.

I didn't know they were the home of Play-Doh.

All right.

Well, the total revenue up 7% for the first nine months of 2025.

They have a significant free cash flow margin.

75% of free cash flow is what they dedicate to the dividend today.

So where are you at, Carl, here?

75% of free cash flow for the dividend, that's not a small amount.

Do you back it or bin it to grow that dividend for you as a shareholder?

Fair enough.

All right.

Ant, let's come to you on our final one, Hasbro's ticker HAS.

This one is a pretty simple ticker, CF Industries, ticker CF.

Talking about fertilizer here, Ant, this is fertilizer, hydrogen and nitrogen.

This is a big supplier to the agricultural sector, a lot of ammonia-based, ammonium nitrate fertilizer and so forth.