Hershey Declares Quarterly Dividends
The Hershey Company (NYSE: HSY) announced a quarterly dividend increase of approximately 4%, raising the Common Stock dividend to $0.804 and Class B Common Stock dividend to $0.731 per share.
Sentiment and the balance of points
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Rhea-AI Summary
The Hershey Company (NYSE: HSY) announced a quarterly dividend increase of approximately 4%, raising the Common Stock dividend to $0.804 and Class B Common Stock dividend to $0.731 per share. These dividends are payable on September 15, 2020, to stockholders of record as of August 21, 2020. This marks the 363rd consecutive dividend declaration for Common Stock and the 144th for Class B Common Stock, reflecting the company's commitment to returning value to its shareholders.
Positive
- 4% increase in dividends for Common and Class B stocks.
- Continuing commitment with 363rd consecutive dividend for Common Stock.
Negative
- None.
Details
News Market Reaction – HSY
The recorded move for HSY in the trading session of this news was +5.68%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
HERSHEY, Pa., July 23, 2020 (GLOBE NEWSWIRE) -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of
| FINANCIAL CONTACT: | MEDIA CONTACT: |
| Melissa Poole | Jeff Beckman |
| mpoole@hersheys.com | jbeckman@hersheys.com |
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