Hershey Declares Quarterly Dividends

Rhea-AI Summary

HSY: The Hershey Company Increases Quarterly Dividends by 15%, Declares 374th Consecutive Regular Dividend on Common Stock and 155th Consecutive Regular Dividend on Class B Common Stock

Positive

• Increase in quarterly dividends by 15% reflects strong financial performance
• Consistent regular dividends demonstrate stability and commitment to shareholders

Negative

• None.

HERSHEY, Pa., July 27, 2023  /PRNewswire/ -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of $1.192 on the Common Stock and $1.083 on the Class B Common Stock, an increase of 15% or $0.156 and $0.141 per share, respectively. The dividends were declared July 26, 2023, and are payable September 15, 2023, to stockholders of record as of August 18, 2023. It is the 374^th consecutive regular dividend on the Common Stock and the 155^th consecutive regular dividend on the Class B Common Stock.

 

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SOURCE The Hershey Company

FAQ

What is the dividend increase announced by The Hershey Company (HSY)?

The Hershey Company has announced a 15% increase in quarterly dividends on its Common Stock and Class B Common Stock.

When will the dividends be payable to stockholders of The Hershey Company (HSY)?

The dividends will be payable on September 15, 2023, to stockholders of record as of August 18, 2023.

How many consecutive regular dividends has The Hershey Company (HSY) declared on its Common Stock?

The Hershey Company has declared its 374th consecutive regular dividend on the Common Stock.

What is the significance of The Hershey Company's (HSY) consistent regular dividends?

Consistent regular dividends demonstrate stability and commitment to shareholders, reflecting positively on the company's financial health and management.

Where can I find the original press release from The Hershey Company (HSY)?

You can view the original press release at https://www.prnewswire.com/news-releases/hershey-declares-quarterly-dividends-301886443.html