Hershey Declares Quarterly Dividends

Rhea-AI Summary

The Hershey Company (NYSE: HSY) announced its quarterly dividends of $0.804 for Common Stock and $0.731 for Class B Common Stock. These dividends will be payable on December 15, 2020, to stockholders on record as of November 20, 2020. This marks the 364th consecutive regular dividend for Common Stock and the 145th consecutive regular dividend for Class B Common Stock, reflecting the company’s ongoing commitment to returning value to shareholders.

Positive

• Quarterly dividend of $0.804 on Common Stock boosts shareholder income.
• 364th consecutive regular dividend on Common Stock demonstrates financial stability.

Negative

• None.

HERSHEY, Pa., Nov. 6, 2020 /PRNewswire/ -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of $0.804 on the Common Stock and $0.731 on the Class B Common Stock.  The dividends are payable December 15, 2020, to stockholders of record November 20, 2020.  It is the 364^th consecutive regular dividend on the Common Stock and the 145^th consecutive regular dividend on the Class B Common Stock.

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SOURCE The Hershey Company

FAQ

What is the dividend amount for Hershey Company (HSY) in December 2020?

The dividend amount is $0.804 for Common Stock and $0.731 for Class B Common Stock.

When will the Hershey Company's dividends be paid?

The dividends will be paid on December 15, 2020.

What is the record date for Hershey Company's dividends?

The record date for the dividends is November 20, 2020.

How many consecutive dividends has Hershey Company declared?

Hershey has declared 364 consecutive regular dividends for Common Stock.

What is the significance of Hershey's consecutive dividends?

It reflects the company's commitment to returning value to its shareholders.