The Hershey Company (NYSE:HSY) Boosts Quarterly Dividend By 4 Percent

The Hershey Company (NYSE:HSY) declared quarterly dividend of $ 0.804 per share, or $ 3.22 annualized. This is an increase of 4 percent from the previously announced dividend. In addition, the company announced dividend of $ 0.731 on the Class B Common Stock, or $ 2.92 annualized.

The dividends will be payable on September 15, 2020, to stockholders of record on August 21, 2020, with an ex-dividend date of August 20, 2020.

Dividends History
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Stock Performance

According to the previous trading day, closing price of HSY was $ 138.46, representing a 26.01 % increase from the 52 week low of $ 109.88 and a 14.64 % decrease over the 52 week high of $ 162.20.

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The company has a market capital of $ 28.80 billion and is part of the Consumer Defensive sector and Confectioners industry.

The Hershey Company, together with its subsidiaries, manufactures and sells confectionery products. The company operates through two segments, North America; and International and Other. It offers chocolate and non-chocolate confectionery products; gum and mint refreshment products comprising mints, chewing gums, and bubble gums; pantry items, such as baking ingredients, toppings, beverages, and sundae syrups; and snack items, including spreads, meat snacks, bars and snack bites, mixes, popcorn and protein bars, and cookies.

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