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The Hershey Co (The Hershey Co) 3-Year Dividend Growth Rate

: 12.20% (As of Dec. 2023)
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The Hershey Co's Dividends per Share for the three months ended in Dec. 2023 was $1.19.

The historical rank and industry rank for The Hershey Co's 3-Year Dividend Growth Rate or its related term are showing as below:

HSY' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 1.4   Med: 10   Max: 19
Current: 12.2

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Hershey Co was 19.00% per year. The lowest was 1.40% per year. And the median was 10.00% per year.

HSY's 3-Year Dividend Growth Rate is ranked better than
60.61% of 655 companies
in the Consumer Packaged Goods industry
Industry Median: 7.7 vs HSY: 12.20

During the past 12 months, The Hershey Co's average Dividends Per Share Growth Rate was 15.00% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.20% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 9.80% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 8.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

The Hershey Co's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.59. As of today, The Hershey Co's Dividend Yield % is 2.58%.

Good Sign:

The Hershey Co stock dividend yield is close to 10-year high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison

For the Confectioners subindustry, The Hershey Co's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Hershey Co 3-Year Dividend Growth Rate Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where The Hershey Co's 3-Year Dividend Growth Rate falls into.



The Hershey Co 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


The Hershey Co  (NYSE:HSY) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

The Hershey Co's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=1.192/ 2.02
=0.59

During the past 13 years, the highest Dividend Payout Ratio of The Hershey Co was 0.56. The lowest was 0.44. And the median was 0.50.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

The Hershey Co Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 1.3702024-02-162024-02-202024-03-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.1922023-11-162023-11-172023-12-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.1922023-08-172023-08-182023-09-15Cash DividendquarterlyUSD:USD 1.000000
USD 1.0362023-05-182023-05-192023-06-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

The Hershey Co's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=4.79/185.02
=2.59 %

Current Share Price is $185.02.
The Hershey Co's Dividends per Share for the trailing twelve months (TTM) ended in Today is $4.79.

During the past 13 years, the highest Dividend Yield of The Hershey Co was 2.87%. The lowest was 1.46%. And the median was 2.10%.

Good Sign:

The Hershey Co stock dividend yield is close to 10-year high.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


The Hershey Co 3-Year Dividend Growth Rate Related Terms>


The Hershey Co (The Hershey Co) Business Description

Address
19 East Chocolate Avenue, Hershey, PA, USA, 17033
Hershey is a leading confectionery manufacturer in the U.S. (around a $25 billion market), controlling around 45% of the domestic chocolate space (per IRI, as cited by Hershey). Beyond its namesake label, the firm's mix has expanded over the last 85 years and now consists of 100 brands, including Reese's, Kit Kat, Kisses, and Ice Breakers. Hershey's products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the U.S., including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix, Pirate Brands, and Dot's Pretzels over the past few years.
Executives
Charles R Raup officer: President, U.S. 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Steven E Voskuil officer: SVP, Chief Financial Officer 5405 WINDWARD PARKWAY, ALPHARETTA GA 30004
Deepak Bhatia officer: SVP, Chief Technology Officer THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Pamela M Arway director 601 HAWAII ST., EL SEGUNDO CA 90245
Michele Buck officer: SVP, Pres. US Snacks THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY PA 17033
Hershey Trust Co Trustee In Trust For Milton Hershey School 10 percent owner 100 MANSION ROAD EAST, P O BOX 445, HERSHEY PA 17033
Jason Reiman officer: SVP Chief Supply Chain Officer THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Maria T Kraus director THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Rohit Grover officer: President, International THE HERSHEY COMPANY, 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Jennifer Mccalman officer: Chief Accounting Officer 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Robert Malcolm director C/O LOGITECH INTERNATIONAL S.A., RUE DU SABLON 2-4, MORGES V8 1110
Anthony J. Palmer director P.O. BOX 619100, DALLAS TX 75261-9100
Hershey Trust Co 10 percent owner 100 MANSION ROAD EAST, HERSHEY PA 17033
Christopher M Scalia officer: SVP, CHRO 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033
Kristen J Riggs officer: SVP, Chief Growth Officer 19 EAST CHOCOLATE AVENUE, HERSHEY PA 17033