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Hershey Declares Quarterly Dividends

The Hershey Company (NYSE: HSY) announced on February 2, 2023, the declaration of quarterly dividends of $1.036 on Common Stock and $0.942 on Class B Common Stock.

(Neutral)

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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.

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Rhea-AI Summary

The Hershey Company (NYSE: HSY) announced on February 2, 2023, the declaration of quarterly dividends of $1.036 on Common Stock and $0.942 on Class B Common Stock. These dividends were declared on January 31, 2023, and are payable on March 15, 2023, to stockholders of record by February 17, 2023. This marks the 373rd consecutive dividend for Common Stock and the 154th for Class B Common Stock, reflecting the company’s commitment to returning value to shareholders.

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Positive

  • Quarterly dividend of $1.036 on Common Stock enhances shareholder income.
  • 373rd consecutive dividend on Common Stock demonstrates reliable dividend policy.

Negative

  • None.
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+4.05% session move Open Argus
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News Market Reaction – HSY

The recorded move for HSY in the trading session of this news was +4.05%.

Data tracked by StockTitan Argus. Session date unavailable.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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HERSHEY, Pa., Feb. 2, 2023 /PRNewswire/ -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of $1.036 on the Common Stock and $0.942 on the Class B Common Stock. The dividends were declared January 31, 2023, and are payable March 15, 2023, to stockholders of record as of February 17, 2023.  It is the 373rd consecutive regular dividend on the Common Stock and the 154th consecutive regular dividend on the Class B Common Stock.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hershey-declares-quarterly-dividends-301736339.html

SOURCE The Hershey Company

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount for Hershey in March 2023?

Hershey announced a dividend of $1.036 on Common Stock and $0.942 on Class B Common Stock, payable on March 15, 2023.

When was the dividend declared for Hershey?

The Hershey Company declared the dividends on January 31, 2023.

What is the record date for Hershey's dividends?

The record date for Hershey's dividends is February 17, 2023.

How many consecutive dividends has Hershey paid?

Hershey has paid 373 consecutive dividends on Common Stock and 154 on Class B Common Stock.

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