Hershey Dividends and Buybacks
Dividend criteria checks 5/6
Hershey is a dividend paying company with a current yield of 3.11% that is well covered by earnings. Next payment date is on 16th December, 2024 with an ex-dividend date of 18th November, 2024.
Key information
3.1%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | -0.01% |
| Next dividend pay date | 16 Dec 24 |
| Ex dividend date | 18 Nov 24 |
| Dividend per share | €5.081 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HSY's dividends per share have been stable in the past 10 years.
Growing Dividend: HSY's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hershey Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HSY) | 3.1% |
| Market Bottom 25% (AT) | 2.1% |
| Market Top 25% (AT) | 6.2% |
| Industry Average (Food) | 3.4% |
| Analyst forecast (HSY) (up to 3 years) | 3.3% |
Notable Dividend: HSY's dividend (3.11%) is higher than the bottom 25% of dividend payers in the Austrian market (2.11%).
High Dividend: HSY's dividend (3.11%) is low compared to the top 25% of dividend payers in the Austrian market (6.31%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), HSY's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.1%), HSY's dividend payments are covered by cash flows.