Hershey Declares Quarterly Dividends
The Hershey Company (NYSE: HSY) announced a quarterly dividend increase of approximately 12%, with the Common Stock dividend rising to $0.901 per share and the Class B Common Stock dividend to $0.819 per share.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
The Hershey Company (NYSE: HSY) announced a quarterly dividend increase of approximately 12%, with the Common Stock dividend rising to $0.901 per share and the Class B Common Stock dividend to $0.819 per share. These dividends were declared on July 23, 2021, and are payable on September 15, 2021, to shareholders of record as of August 20, 2021. This marks the 367th consecutive dividend for Common Stock and the 148th for Class B Common Stock.
Positive
- 12% increase in quarterly dividends.
- Continued commitment to returning value to shareholders.
- 367 consecutive dividends paid on Common Stock.
Negative
- None.
Details
News Market Reaction – HSY
The recorded move for HSY in the trading session of this news was +1.14%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HERSHEY, Pa., July 29, 2021 /PRNewswire/ -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of
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SOURCE The Hershey Company
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