Hershey Declares Quarterly Dividends

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.

News Market Reaction – HSY

+1.14%

1 alert

+1.14% News Effect

On the day this news was published, HSY gained 1.14%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

HERSHEY, Pa., July 29, 2021 /PRNewswire/ -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of $0.901 on the Common Stock and $0.819 on the Class B Common Stock, an increase of approximately 12%, or $0.097 and $0.088 per share, respectively.  The dividends were declared July 23, 2021, and are payable September 15, 2021, to stockholders of record August 20, 2021.  It is the 367^th consecutive regular dividend on the Common Stock and the 148^th consecutive regular dividend on the Class B Common Stock.

 

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SOURCE The Hershey Company

FAQ

What is the new dividend amount for Hershey's Common Stock?

The new dividend amount for Hershey's Common Stock is $0.901 per share.

When is the Hershey dividend payment date?

The Hershey dividend payment date is September 15, 2021.

What is the dividend frequency for Hershey?

Hershey typically pays dividends quarterly.

What was the percentage increase in Hershey's dividends?

The dividend was increased by approximately 12%.

How many consecutive dividends has Hershey paid?

Hershey has paid 367 consecutive dividends on Common Stock.