Hershey Company (The) (HSY) to Distribute Quarterly Dividend of $1.45 on September 15th

Hershey Company (The) (NYSE:HSY – Get Free Report) declared a quarterly dividend on Wednesday, July 29th. Shareholders of record on Friday, August 14th will be paid a dividend of 1.452 per share on Tuesday, September 15th. This represents a c) dividend on an annualized basis and a yield of 3.3%. The ex-dividend date of this dividend is Friday, August 14th.

Hershey has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend annually for the last 15 consecutive years. Hershey has a dividend payout ratio of 90.5% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline. Equities research analysts expect Hershey to earn $9.78 per share next year, which means the company should continue to be able to cover its $5.80 annual dividend with an expected future payout ratio of 59.3%.

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Hershey Stock Down 3.7%

HSY stock opened at $177.16 on Friday. Hershey has a fifty-two week low of $161.43 and a fifty-two week high of $239.48. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.24 and a quick ratio of 0.77. The stock has a market capitalization of $35.94 billion, a price-to-earnings ratio of 32.99, a PEG ratio of 1.15 and a beta of 0.11. The business’s fifty day moving average price is $179.54 and its two-hundred day moving average price is $196.85.

Hershey (NYSE:HSY – Get Free Report) last announced its earnings results on Thursday, July 30th. The company reported $1.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.47. Hershey had a net margin of 9.12% and a return on equity of 28.98%. The company had revenue of $2.79 billion during the quarter, compared to analysts’ expectations of $2.63 billion. During the same quarter in the previous year, the business posted $1.21 earnings per share. Hershey’s quarterly revenue was up 6.6% on a year-over-year basis. Hershey has set its FY 2026 guidance at 8.360-8.520 EPS. On average, equities analysts anticipate that Hershey will post 8.42 earnings per share for the current year.

Hershey Company Profile

(Get Free Report)

The Hershey Company (NYSE: HSY) is a leading North American chocolatier and snack manufacturer headquartered in Hershey, Pennsylvania. The company develops, produces and markets a wide range of confectionery and snack products for retail, foodservice and international customers. Hershey’s business spans manufacturing, branded product marketing, packaging and distribution across grocery, convenience, mass merchant and e-commerce channels.

Hershey’s product portfolio centers on chocolate and sugar confectionery, including core brands such as Hershey’s, Reese’s, Hershey’s Kisses and Twizzlers, alongside non-chocolate snacks and confectionery brands.

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