Hershey Declares Quarterly Dividends
Rhea-AI Summary
The Hershey Company (NYSE: HSY) has announced its quarterly dividend declaration. The Board of Directors declared dividends of $1.370 per share on Common Stock and $1.245 per share on Class B Common Stock on February 5, 2025. These dividends will be paid on March 14, 2025, to stockholders of record as of February 17, 2025.
This marks Hershey's 380th consecutive regular dividend on Common Stock and 161st consecutive regular dividend on Class B Common Stock, demonstrating the company's long-standing commitment to returning value to shareholders.
Positive
- Consistent dividend payment history with 380 consecutive quarters for Common Stock
- Maintains strong dividend payout levels at $1.370 and $1.245 per share
- Demonstrates stable cash flow generation and shareholder return commitment
Negative
- None.
News Market Reaction
On the day this news was published, HSY gained 4.40%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
View original content to download multimedia:https://www.prnewswire.com/news-releases/hershey-declares-quarterly-dividends-302370112.html
SOURCE The Hershey Company