Hershey Declares Quarterly Dividends

Rhea-AI Summary

The Hershey Company (NYSE: HSY) announced quarterly dividends of $1.036 for Common Stock and $0.942 for Class B Common Stock. These dividends were declared on April 25, 2023, and are payable on June 15, 2023, to stockholders of record as of May 19, 2023. This marks the 373rd consecutive regular dividend for Common Stock and the 154th for Class B Common Stock, indicating the company's strong commitment to returning value to its shareholders.

Positive

• Quarterly dividend of $1.036 per share on Common Stock enhances shareholder income.
• 154th consecutive dividend for Class B Common Stock shows a consistent commitment to dividends.

Negative

• None.

News Market Reaction – HSY

+4.42%

1 alert

+4.42% News Effect

On the day this news was published, HSY gained 4.42%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

HERSHEY, Pa., April 27, 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 April 25, 2023, and are payable June 15, 2023, to stockholders of record as of May 19, 2023. It is the 373^rd consecutive regular dividend on the Common Stock and the 154^th consecutive regular dividend on the Class B Common Stock.

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SOURCE The Hershey Company

FAQ

What is the Hershey Company dividend amount for 2023?

The Hershey Company announced a dividend of $1.036 for Common Stock and $0.942 for Class B Common Stock.

When is the Hershey Company dividend payment date?

The dividends are payable on June 15, 2023.

What is the frequency of the Hershey Company dividends?

Hershey pays regular quarterly dividends, having declared its 373rd consecutive dividend for Common Stock.

When is the record date for the Hershey Company dividend?

The record date for the dividend is May 19, 2023.