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HERSHEY, Pa. - The Hershey Company (NYSE:HSY) announced today that its Board of Directors has declared quarterly dividends for both its Common Stock and Class B Common Stock. With a current dividend yield of 3.28% and a 14.93% dividend growth over the last year, shareholders of record as of May 16, 2025, will receive dividends of $1.370 per share on the Common Stock and $1.245 per share on the Class B Common Stock on June 16, 2025.
This recent declaration marks the 381st consecutive regular dividend on the Common Stock and the 162nd consecutive regular dividend on the Class B Common Stock. According to InvestingPro data, Hershey has maintained dividend payments for 55 consecutive years and has raised its dividend for 15 straight years. The dividends were officially declared on April 30, 2025.
The announcement underscores Hershey’s consistent return to its shareholders and reflects the company’s ongoing financial health. As a major player in the confectionery market with $11.2 billion in revenue and a market capitalization of $33.9 billion, Hershey’s regular dividends are seen as a sign of its stable financial position and commitment to shareholder value. InvestingPro analysis shows the company maintains a GOOD financial health score, with 8 additional key insights available to subscribers.
Investors typically view such regular and consistent dividend payments as an indicator of a company’s stability and profitability, which can be an attractive feature for both current and potential shareholders. Trading at a P/E ratio of 15.3, InvestingPro analysis suggests the stock is currently undervalued relative to its Fair Value.
The information in this article is based on a press release statement from The Hershey Company.
In other recent news, Hershey Foods reported first-quarter earnings that exceeded analyst expectations, although revenue fell slightly short. The company posted adjusted earnings per share of $2.09, surpassing the analyst consensus of $1.97. However, revenue for the quarter was $2.81 billion, which was below the estimated $2.84 billion and represented a 13.8% decrease year-over-year. Hershey reaffirmed its full-year outlook, projecting net sales growth of at least 2% and adjusted earnings per share between $6.00 and $6.18. This guidance aligns with the current analyst consensus of $6.08 per share. The company’s President and CEO, Michele Buck, highlighted strong consumption in segments such as U.S. Candy, Mint, and Gum, driven by seasonal products and brands like Dot’s and SkinnyPop. Hershey also anticipates incurring $15 million to $20 million in tariff expenses during the second quarter. Additionally, the company expects capital expenditures of $425 million to $450 million and savings of about $125 million from its Advancing Agility & Automation Initiative. The guidance does not account for potential impacts from new tariff actions or the proposed acquisition of LesserEvil.
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