HERSHEY DECLARES QUARTERLY DIVIDENDS

The Hershey Company (NYSE: HSY) has declared quarterly dividends of $1.036 on Common Stock and $0.942 on Class B Common Stock, marking a 15% increase from previous payouts.

Rhea-AI Summary

The Hershey Company (NYSE: HSY) has declared quarterly dividends of $1.036 on Common Stock and $0.942 on Class B Common Stock, marking a 15% increase from previous payouts. These dividends, announced on July 27, 2022, are payable on September 15, 2022, to stockholders of record by August 19, 2022. This announcement signifies the 371st consecutive dividend for Common Stock and the 152nd consecutive dividend for Class B shares, reflecting the company's ongoing commitment to returning value to shareholders.

Positive

• 15% increase in dividend payments enhances shareholder income.
• 371st consecutive dividend on Common Stock indicates strong financial stability.
• Continued commitment to returning value to shareholders.

Negative

• None.

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HERSHEY, Pa., July 28, 2022 /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, an increase of approximately 15%, or $0.135 and $0.123 per share, respectively.  The dividends were declared July 27, 2022, and are payable September 15, 2022, to stockholders of record as of August 19, 2022.  It is the 371^st consecutive regular dividend on the Common Stock and the 152^nd consecutive regular dividend on the Class B Common Stock.

 

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SOURCE The Hershey Company

FAQ

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

What are the latest dividend amounts announced by Hershey (HSY)?

Hershey announced dividends of $1.036 on Common Stock and $0.942 on Class B Common Stock.

When will Hershey's dividends be paid?

The dividends will be payable on September 15, 2022.

How much has Hershey increased its dividend?

Hershey has increased its dividend payments by approximately 15%.

What is the record date for Hershey's dividend payments?

The record date for the dividends is August 19, 2022.

How many consecutive dividends has Hershey paid?

Hershey has paid 371 consecutive dividends on Common Stock and 152 consecutive dividends on Class B Common Stock.