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The Hershey Company (NYSE: HSY) declared quarterly dividends of $1.370 on Common Stock and $1.245 on Class B Common Stock. The dividends are payable on June 14, 2024, to stockholders as of May 17, 2024. This marks the 377th consecutive regular dividend on Common Stock and the 158th consecutive regular dividend on Class B Common Stock.
The Hershey Company reported strong financial results for the first quarter of 2024, with a significant increase in net sales and earnings. The company reaffirmed its outlook for the full year 2024, emphasizing growth strategies and financial commitments. Investments in innovation, marketing, and efficiency have driven consumer engagement and market share performance. Despite recent business volatility, Hershey remains focused on long-term growth and value creation.