Hershey Keeps Quarterly Dividend Steady
Confectioner Hershey has announced plans to keep its dividend steady this quarter at $0.485 per share of common stock.
It has paid this amount to investors since September after upping its quarterly payout 15% from $0.42 per share. Additionally, the candy company is paying $0.435 per share of Class B common stock. Both of Hershey's latest dividends will be payable on December 13 to shareholders of record as of November 25.
Annualized, Hershey's common stock dividend adds up to $1.94 per share. As of the market's close on October 8, its stock price was trading at $92.03 per share, which means Hershey currently has a dividend yield of 2.1%.
The article Hershey Keeps Quarterly Dividend Steady originally appeared on Fool.com.Fool contributor Caroline Bennett has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.