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HERSHEY DECLARES QUARTERLY DIVIDENDS

The Board of Directors of Hershey declared quarterly dividends of $0.901 on Common Stock and $0.819 on Class B Common Stock on April 27, 2022.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

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Rhea-AI Summary

The Board of Directors of Hershey declared quarterly dividends of $0.901 on Common Stock and $0.819 on Class B Common Stock on April 27, 2022. These dividends are payable on June 15, 2022, to stockholders of record as of May 20, 2022. This announcement marks the 370th consecutive dividend for Common Stock and the 151st consecutive dividend for Class B Common Stock, showcasing the company’s commitment to returning value to shareholders.

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Positive

  • Continued dividend payments demonstrate financial stability.
  • The increase reflects confidence in future earnings.

Negative

  • None.
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News Market Reaction – HSY

The recorded move for HSY in the trading session of this news was +2.58%.

Data tracked by StockTitan Argus. Session date unavailable.

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HERSHEY, Pa., April 28, 2022 /PRNewswire/ -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of $0.901 on the Common Stock and $0.819 on the Class B Common Stock.  The dividends were declared April 27, 2022, and are payable June 15, 2022, to stockholders of record May 20, 2022.  It is the 370th consecutive regular dividend on the Common Stock and the 151st consecutive regular dividend on the Class B Common Stock.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hershey-declares-quarterly-dividends-301534374.html

SOURCE The Hershey Company

FAQ

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

What are the recent dividend amounts declared by Hershey (HSY)?

Hershey declared dividends of $0.901 for Common Stock and $0.819 for Class B Common Stock.

When is the dividend payment date for Hershey (HSY)?

The dividend payment date is June 15, 2022.

What is the record date for Hershey's (HSY) dividends?

The record date for the dividends is May 20, 2022.

How many consecutive dividends has Hershey (HSY) paid?

Hershey has paid 370 consecutive dividends on Common Stock and 151 consecutive dividends on Class B Common Stock.

How often does Hershey (HSY) pay dividends?

Hershey typically pays dividends quarterly.

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