Hershey declares quarterly dividends on common and class B shares

HERSHEY, Pa. - The Hershey Company (NYSE:HSY) announced Thursday that its Board of Directors has declared quarterly dividends of $1.370 per share on Common Stock and $1.245 per share on Class B Common Stock. The company currently offers a 3.13% dividend yield, according to InvestingPro data.

The dividends, declared on October 29, will be payable on December 15, 2025, to stockholders of record as of November 17, 2025, according to a company press release.

This marks Hershey’s 383rd consecutive regular dividend on the Common Stock and the 164th consecutive regular dividend on the Class B Common Stock, highlighting the company’s long-standing commitment to returning value to shareholders.

Hershey, a leading snack and confectionery manufacturer known for chocolate products including Hershey’s, Reese’s, and Kit Kat, maintains different voting rights between its two classes of stock, with Class B shares carrying greater voting power but trading at a lower dividend rate than Common Stock.

The company’s consistent dividend payments reflect its stable financial position in the consumer staples sector.

In other recent news, Hershey is preparing for its third-quarter earnings report, with UBS maintaining a Neutral rating and a $205 price target. UBS forecasts earnings per share of $1.05, slightly below the Visible Alpha consensus of $1.07, but remains optimistic about the earnings setup. Meanwhile, Piper Sandler reiterated its Underweight rating with a $167 price target, noting Hershey’s focus on convenience store channels where chain stores are outperforming independent locations. DA Davidson also maintained a Neutral rating, discussing topics like cocoa pricing and tariffs with Hershey’s senior leadership.

Goldman Sachs upgraded Hershey to a Buy rating, raising its price target from $170 to $222, citing an improved outlook and a compelling risk/reward setup. Additionally, Piper Sandler raised its price target from $160 to $167 due to relief from Canadian tariffs, which previously impacted Hershey’s quarterly financials. These developments reflect a mix of cautious and optimistic perspectives from analysts regarding Hershey’s current market position.

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