Hershey Co (NYSE:HSY) had declared a cash dividend of $0.6180 on Jul 28, 2016. The shares will quote ex-dividend on Aug 23, 2016 and the record date has been fixed for Aug 25, 2016. On Jul 28, 2016 share price, the yield comes out to be 2.2849%. The dividend payable date has been fixed on Sep 15, 2016.
In a different note, On Jul 11, 2016, Tigress Financial said it Downgrades its rating on Hershey Co. The shares have been rated ‘Neutral’ by the firm. On Jul 5, 2016, Argus Research said it Downgrades its rating on Hershey Co. The shares have been rated ‘Hold’ by the firm.
Hershey Co (HSY) made into the market gainers list on Thursdays trading session with the shares advancing 0.22% or 0.24 points. Due to strong positive momentum, the stock ended at $110.72, which is also near the day’s high of $111.43. The stock began the session at $110.71 and the volume stood at 5,05,188 shares. The 52-week high of the shares is $117.79 and the 52 week low is $82.41. The company has a current market capitalization of $23,604 M and it has 21,31,89,500 shares in outstanding.
Hershey Co(HSY) last announced its earnings results on Jul 28, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $1.64B. Analysts had an estimated revenue of $1.61B. Earnings per share were $0.85. Analysts had estimated an EPS of $0.78.
Several Insider Transactions has been reported to the SEC. On Jul 18, 2016, D Michael Wege (SVP, GS, India, ME, Comm & CSR) sold 1,100 shares at $108.43 per share price.Also, On Jul 1, 2016, Michele Buck (EVP, Chief Operating Officer) sold 13,500 shares at $108.70 per share price.On Jun 15, 2016, Kevin R Walling (SVP Chief HR Officer) sold 13,568 shares at $96.12 per share price, according to the Form-4 filing with the securities and exchange commission.
The Hershey Company (Hershey) is a provider of chocolate and sugar confectionery. The Companys principal confectionery offerings include chocolate and sugar confectionery products; pantry items such as baking ingredients toppings and beverages; snack items such as spreads and gum and mint refreshment products. The Company operates through two segments: North America and International and Other. The North America segment is responsible for its chocolate and sugar confectionery business in the United States and Canada. The International and Other segment includes all other countries where the Company manufactures imports markets sells or distributes chocolate sugar confectionery and other products. This includes operations in Asia Latin America Europe Africa and the Middle East along with exports to these regions. This segment also includes its global retail operations including Hersheys Chocolate World stores.