HERSHEY DECLARES QUARTERLY DIVIDENDS
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.
Positive
- Continued dividend payments demonstrate financial stability.
- The increase reflects confidence in future earnings.
Negative
- None.
News Market Reaction
On the day this news was published, HSY gained 2.58%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
HERSHEY, Pa., April 28, 2022 /PRNewswire/ -- The Board of Directors of The Hershey Company (NYSE: HSY) today announced quarterly dividends of
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SOURCE The Hershey Company