The Hershey Company, together with its subsidiaries, engages in the manufacture and sale of confectionery products and pantry items in the United States and internationally. The company operates through three segments: North America Confectionery, North America Salty Snacks, and International. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products, including mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items comprising spreads, meat snacks, bars and snack bites, mixes, popcorn, and protein bars. The company provides its products primarily under the Hershey's, Reese's, Kisses, Jolly Rancher, Almond Joy, Brookside, barkTHINS, Cadbury, Good & Plenty, Heath, Kit Kat, Payday, Rolo, Twizzlers, Whoppers, York, Ice Breakers, Breath Savers, Bubble Yum, Lily's, SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar brands, as well as under the Pelon Pelo Rico, IO-IO, and Sofit brands. It markets and sells its products to wholesale distributors, chain grocery stores, mass merchandisers, chain drug stores, vending companies, wholesale clubs, convenience stores, dollar stores, concessionaires, and department stores. The company was founded in 1894 and is headquartered in Hershey, Pennsylvania.
Hershey Dividend Announcement
• Hershey announced a quarterly dividend of $1.37 per ordinary share which will be made payable on 2024-12-16. Ex dividend date: 2024-11-18
• Hershey annual dividend for 2024 was $5.48
• Hershey annual dividend for 2023 was $4.46
• Hershey's trailing twelve-month (TTM) dividend yield is 3.1%
• Hershey's payout ratio for the trailing twelve months (TTM) is 59.32%
• Hershey's dividend growth over the last five years (2018-2023) was 10.09% year
• Hershey's dividend growth over the last ten years (2013-2023) was 9.43% year
Hershey Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-11-18 | $1.37 | quarterly | 2024-12-16 |
2024-08-16 | $1.37 | quarterly | 2024-09-16 |
2024-05-16 | $1.37 | quarterly | |
2024-02-16 | $1.37 | quarterly | 2024-03-15 |
2023-11-16 | $1.19 | quarterly | 2023-12-15 |
2023-08-17 | $1.19 | quarterly | 2023-09-15 |
2023-05-18 | $1.04 | quarterly | 2023-06-15 |
2023-02-16 | $1.04 | quarterly | 2023-03-15 |
2022-11-17 | $1.04 | quarterly | 2022-12-15 |
2022-08-18 | $1.04 | quarterly | 2022-09-15 |
2022-05-19 | $0.90 | quarterly | 2022-06-15 |
2022-02-17 | $0.90 | quarterly | 2022-03-15 |
2021-11-18 | $0.90 | quarterly | 2021-12-15 |
2021-08-19 | $0.90 | quarterly | 2021-09-15 |
2021-05-20 | $0.80 | quarterly | 2021-06-15 |
2021-02-18 | $0.80 | quarterly | 2021-03-15 |
2020-11-19 | $0.80 | quarterly | 2020-12-15 |
2020-08-20 | $0.80 | quarterly | 2020-09-15 |
2020-05-21 | $0.77 | quarterly | 2020-06-15 |
2020-02-20 | $0.77 | quarterly | 2020-03-16 |
2019-11-21 | $0.77 | quarterly | 2019-12-16 |
2019-08-22 | $0.77 | quarterly | 2019-09-16 |
2019-05-23 | $0.72 | quarterly | 2019-06-14 |
2019-02-21 | $0.72 | quarterly | 2019-03-15 |
2018-11-20 | $0.72 | quarterly | 2018-12-14 |
2018-08-23 | $0.72 | quarterly | 2018-09-14 |
2018-05-24 | $0.66 | quarterly | 2018-06-15 |
2018-02-22 | $0.66 | quarterly | 2018-03-15 |
2017-11-21 | $0.66 | quarterly | 2017-12-15 |
2017-08-23 | $0.66 | quarterly | 2017-09-15 |
2017-05-23 | $0.62 | quarterly | 2017-06-15 |
2017-02-22 | $0.62 | quarterly | 2017-03-15 |
2016-11-21 | $0.62 | quarterly | 2016-12-15 |
2016-08-23 | $0.62 | quarterly | 2016-09-15 |
2016-05-23 | $0.58 | quarterly | 2016-06-15 |
2016-02-23 | $0.58 | quarterly | 2016-03-15 |
2015-11-23 | $0.58 | quarterly | 2015-12-15 |
2015-08-21 | $0.58 | quarterly | 2015-09-15 |
2015-05-21 | $0.54 | quarterly | 2015-06-15 |
2015-02-23 | $0.54 | quarterly | 2015-03-16 |
2014-11-21 | $0.54 | quarterly | 2014-12-15 |
2014-08-21 | $0.54 | quarterly | 2014-09-15 |
2014-05-21 | $0.48 | quarterly | 2014-06-13 |
2014-02-21 | $0.48 | quarterly | 2014-03-14 |
2013-11-21 | $0.48 | quarterly | 2013-12-13 |
2013-08-21 | $0.48 | quarterly | 2013-09-13 |
2013-05-22 | $0.42 | quarterly | 2013-06-14 |
2013-02-21 | $0.42 | quarterly | 2013-03-15 |
Hershey Dividend per year
Hershey Dividend growth
Hershey Dividend Yield
Hershey current trailing twelve-month (TTM) dividend yield is 3.1%. Interested in purchasing Hershey stock? Use our calculator to estimate your expected dividend yield:
Hershey Financial Ratios
Hershey Dividend FAQ
Other factors to consider when evaluating Hershey as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Hershey's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Hershey publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Hershey distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Hershey are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Hershey sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Hershey distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Hershey declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Hershey's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Hershey's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.