Hershey Dividends and Buybacks
Dividend criteria checks 5/6
Hershey is a dividend paying company with a current yield of 3.13% that is well covered by earnings. Next payment date is on 20th December, 2024 with an ex-dividend date of 14th November, 2024.
Key information
3.1%
Dividend yield
1.5%
Buyback Yield
| Total Shareholder Yield | 4.6% |
| Future Dividend Yield | 3.3% |
| Dividend Growth | -0.009% |
| Next dividend pay date | 20 Dec 24 |
| Ex dividend date | 14 Nov 24 |
| Dividend per share | R$31.006 |
| Payout ratio | 61% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HSHY34's dividends per share have been stable in the past 10 years.
Growing Dividend: HSHY34's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Hershey Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HSHY34) | 3.1% |
| Market Bottom 25% (BR) | 3.0% |
| Market Top 25% (BR) | 9.4% |
| Industry Average (Food) | 5.0% |
| Analyst forecast (HSHY34) (up to 3 years) | 3.3% |
Notable Dividend: HSHY34's dividend (3.13%) is higher than the bottom 25% of dividend payers in the BR market (2.95%).
High Dividend: HSHY34's dividend (3.13%) is low compared to the top 25% of dividend payers in the BR market (9.45%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.8%), HSHY34's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (67.1%), HSHY34's dividend payments are covered by cash flows.