Hershey (HSY) Dividend History & Yield
Hershey (HSY) has increased its dividend for multiple years and currently yields 2.96%. The most recent dividend was $1.4520/share on Mar 16, 2026, paid Quarterly.
HSY
Current Yield
2.96%
TTM Dividend/Share
$5.64
Payment Frequency
Quarterly
Payout Ratio
105.1%
Consecutive Growth Years
0
Div Growth (1Y CAGR)
0.00%
Div Growth (5Y CAGR)
11.68%
Div Growth (10Y CAGR)
9.38%
HSY: compare the "Now" marker to the 1Y / 3Y / 5Y averages on the scale. One valuation signal among many — review fundamentals before investing.
Dividend health
Chowder score
14.6%
FCF payout ratio
13.7%
Net debt / EBITDA
2.2x
Interest coverage
8.17x
ROIC (TTM)
12.2%
Dividend Safety Score
5 out of 8 checks passed
Payout ratio below 75%
Payout ratio is 105.1%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($8.60) covers dividend/share ($5.64).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
Only 0 consecutive year(s) of dividend growth.
FCF payout ratio below 70%
FCF payout ratio is 13.7%, below the 70% threshold.
Net Debt/EBITDA below 3x
Net Debt/EBITDA is 2.2x.
Dividend growth ≤ earnings growth (5Y)
Dividend growth (11.7%) exceeds EPS growth (9.0%) — payout ratio expanding.
Per-payment dividend history
Ex-date May 15, 2026
- Payment date
- Jun 15, 2026
- Dividend
- $1.4520
- Adj. dividend
- $1.4520
Ex-date Feb 17, 2026
- Payment date
- Mar 16, 2026
- Dividend
- $1.4520
- Adj. dividend
- $1.4520
Ex-date Nov 17, 2025
- Payment date
- Dec 15, 2025
- Dividend
- $1.3700
- Adj. dividend
- $1.3700
Ex-date Aug 15, 2025
- Payment date
- Sep 15, 2025
- Dividend
- $1.3700
- Adj. dividend
- $1.3700
Ex-date May 16, 2025
- Payment date
- Jun 16, 2025
- Dividend
- $1.3700
- Adj. dividend
- $1.3700
Ex-date Feb 14, 2025
- Payment date
- Mar 14, 2025
- Dividend
- $1.3700
- Adj. dividend
- $1.3700
Ex-date Nov 18, 2024
- Payment date
- Dec 16, 2024
- Dividend
- $1.3700
- Adj. dividend
- $1.3700
Ex-date Aug 16, 2024
- Payment date
- Sep 16, 2024
- Dividend
- $1.3700
- Adj. dividend
- $1.3700
Ex-date May 16, 2024
- Payment date
- Jun 14, 2024
- Dividend
- $1.3700
- Adj. dividend
- $1.3700
Ex-date Feb 16, 2024
- Payment date
- Mar 15, 2024
- Dividend
- $1.3700
- Adj. dividend
- $1.3700
Ex-date Nov 16, 2023
- Payment date
- Dec 15, 2023
- Dividend
- $1.1920
- Adj. dividend
- $1.1920
Ex-date Aug 17, 2023
- Payment date
- Sep 15, 2023
- Dividend
- $1.1920
- Adj. dividend
- $1.1920
| Ex-Date | Payment Date | Dividend | Adj. Dividend |
|---|---|---|---|
| May 15, 2026 | Jun 15, 2026 | $1.4520 | $1.4520 |
| Feb 17, 2026 | Mar 16, 2026 | $1.4520 | $1.4520 |
| Nov 17, 2025 | Dec 15, 2025 | $1.3700 | $1.3700 |
| Aug 15, 2025 | Sep 15, 2025 | $1.3700 | $1.3700 |
| May 16, 2025 | Jun 16, 2025 | $1.3700 | $1.3700 |
| Feb 14, 2025 | Mar 14, 2025 | $1.3700 | $1.3700 |
| Nov 18, 2024 | Dec 16, 2024 | $1.3700 | $1.3700 |
| Aug 16, 2024 | Sep 16, 2024 | $1.3700 | $1.3700 |
| May 16, 2024 | Jun 14, 2024 | $1.3700 | $1.3700 |
| Feb 16, 2024 | Mar 15, 2024 | $1.3700 | $1.3700 |
| Nov 16, 2023 | Dec 15, 2023 | $1.1920 | $1.1920 |
| Aug 17, 2023 | Sep 15, 2023 | $1.1920 | $1.1920 |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
The table shows 36 year-over-year increases across 40 calendar years of data (1986–2025).
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $5.4800 | — | — |
| 2025 | $5.4800 | $5.4800 | 0.0% |
| 2024 | $4.4560 | $5.4800 | +23.0% |
| 2023 | $3.8740 | $4.4560 | +15.0% |
| 2022 | $3.4100 | $3.8740 | +13.6% |
| 2021 | $3.1540 | $3.4100 | +8.1% |
| 2020 | $2.9900 | $3.1540 | +5.5% |
| 2019 | $2.7560 | $2.9900 | +8.5% |
| 2018 | $2.5480 | $2.7560 | +8.2% |
| 2017 | $2.4020 | $2.5480 | +6.1% |
| 2016 | $2.2360 | $2.4020 | +7.4% |
| 2015 | $2.0400 | $2.2360 | +9.6% |
| 2014 | $1.8100 | $2.0400 | +12.7% |
| 2013 | $1.5600 | $1.8100 | +16.0% |
| 2012 | $1.3800 | $1.5600 | +13.0% |
| 2011 | $1.2800 | $1.3800 | +7.8% |
| 2010 | $1.1900 | $1.2800 | +7.6% |
| 2009 | $1.1900 | $1.1900 | 0.0% |
| 2008 | $1.1350 | $1.1900 | +4.8% |
| 2007 | $1.0300 | $1.1350 | +10.2% |
| 2006 | $0.9300 | $1.0300 | +10.8% |
| 2005 | $0.8350 | $0.9300 | +11.4% |
| 2004 | $0.7225 | $0.8350 | +15.6% |
| 2003 | $0.6305 | $0.7225 | +14.6% |
| 2002 | $0.5830 | $0.6305 | +8.1% |
| 2001 | $0.5400 | $0.5830 | +8.0% |
| 2000 | $0.5000 | $0.5400 | +8.0% |
| 1999 | $0.4600 | $0.5000 | +8.7% |
| 1998 | $0.4200 | $0.4600 | +9.5% |
| 1997 | $0.3800 | $0.4200 | +10.5% |
| 1996 | $0.3425 | $0.3800 | +10.9% |
| 1995 | $0.3125 | $0.3425 | +9.6% |
| 1994 | $0.2850 | $0.3125 | +9.6% |
| 1993 | $0.2575 | $0.2850 | +10.7% |
| 1992 | $0.2350 | $0.2575 | +9.6% |
| 1991 | $0.2475 | $0.2350 | -5.1% |
| 1990 | $0.1850 | $0.2475 | +33.8% |
| 1989 | $0.1650 | $0.1850 | +12.1% |
| 1988 | $0.1450 | $0.1650 | +13.8% |
| 1987 | $0.1300 | $0.1450 | +11.5% |
| 1986 | — | $0.1300 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Cash dividends paid (USD) — TTM and history
Trailing-twelve-month and annual common dividends paid for Hershey (HSY) from the consolidated cash flow statement, in USD as filed.
Latest period
$1.10B
YoY change
+0.0%
5Y CAGR
+11.1%
Peak year (2025)
$1.09B
Latest annual
$1.09B
Cash dividends paid over time for Hershey (HSY)
Per-period cash dividends paid
Cash dividends paid annual + quarterly history for Hershey (HSY)
| Fiscal year | Period ended | Reported | Dividends Paid | YoY | YoY change |
|---|---|---|---|---|---|
| 2025 | $1.09B | +0.0% | +$494,000 | ||
| 2024 | $1.08B | +22.0% | +$195.73M | ||
| 2023 | $889.07M | +14.7% | +$114.04M | ||
| 2022 | $775.03M | +13.0% | +$89.04M | ||
| 2021 | $685.99M | +7.1% | +$45.26M | ||
| 2020 | $640.73M | +5.0% | +$30.42M | ||
| 2019 | $610.31M | +8.5% | +$47.79M | ||
| 2018 | $562.52M | +6.9% | +$36.25M | ||
| 2017 | $526.27M | +5.4% | +$26.80M | ||
| 2016 | $499.48M | +4.9% | +$23.34M | ||
| 2015 | $476.13M | +8.1% | +$35.72M | ||
| 2014 | $440.41M | +11.8% | +$46.61M | ||
| 2013 | $393.80M | +15.4% | +$52.59M | ||
| 2012 | $341.21M | +12.2% | +$37.12M | ||
| 2011 | $304.08M | +7.3% | +$20.65M | ||
| 2010 | $283.43M | +7.6% | +$20.03M | ||
| 2009 | $263.40M | +0.2% | +$454,000 | ||
| 2008 | $262.95M | +4.2% | +$10.69M | ||
| 2007 | $252.26M | +7.3% | +$17.13M | ||
| 2006 | $235.13M | +6.3% | +$13.89M | ||
| 2005 | $221.24M | +7.5% | +$15.49M | ||
| 2004 | $205.75M | +11.4% | +$21.06M | ||
| 2003 | $184.69M | +10.0% | +$16.86M | ||
| 2002 | $167.82M | +8.4% | +$13.07M | ||
| 2001 | $154.75M | +6.8% | +$9.86M | ||
| 2000 | $144.89M | +6.0% | +$8.19M | ||
| 1999 | $136.70M | +6.0% | +$7.70M | ||
| 1998 | $129.00M | +6.2% | +$7.50M | ||
| 1997 | $121.50M | +5.8% | +$6.70M | ||
| 1996 | $114.80M | +4.3% | +$4.70M | ||
| 1995 | $110.10M | +2.9% | +$3.10M | ||
| 1994 | $107.00M | +6.5% | +$6.50M | ||
| 1993 | $100.50M | +10.0% | +$9.10M | ||
| 1992 | $91.40M | +9.6% | +$8.00M | ||
| 1991 | $83.40M | -5.0% | -$4.40M | ||
| 1990 | $87.80M | +33.8% | +$22.20M | ||
| 1989 | $65.60M | — | — |
In 2025, Hershey (HSY) dividends paid totalled $1.09B – edged up 0.0% year-over-year.
Across 2020–2025 (5 years), Hershey dividends paid produced a CAGR of +11.1% – sustaining 34 straight years of year-over-year growth.
The dataset's maximum dividends paid sits at $1.09B (2025); the minimum reading of $65.60M dates to 1989.
Hershey (HSY) sits 8th of 8 Consumer Defensive peers we track on this metric, against a peer median of $7.57B.
Hershey Dividends Paid 2025: $1.09B
Hershey dividends paid in 2025 was $1.09B, edged up 0.0% from 2024. This figure represents the highest annual value in the available history.
Hershey Dividends Paid 2024: $1.08B
Hershey dividends paid in 2024 was $1.08B, grew 22.0% from 2023.
Hershey Dividends Paid 2023: $889.07M
Hershey dividends paid in 2023 was $889.07M, grew 14.7% from 2022.
Hershey Dividends Paid 2022: $775.03M
Hershey dividends paid in 2022 was $775.03M, grew 13.0% from 2021.
Hershey Dividends Paid 2021: $685.99M
Hershey dividends paid in 2021 was $685.99M.
See more financial history for Hershey (HSY).
Sector peers by dividends paid
Companies in the same sector as Hershey, ranked by their latest dividends paid.
| Company | Dividends Paid | Sector |
|---|---|---|
| Procter & Gamble (PG) | $9.87B | Consumer Defensive |
| Coca-Cola (KO) | $8.78B | Consumer Defensive |
| Philip Morris International (PM) | $8.62B | Consumer Defensive |
| PepsiCo (PEP) | $7.64B | Consumer Defensive |
| Walmart (WMT) | $7.51B | Consumer Defensive |
| Altria Group (MO) | $6.96B | Consumer Defensive |
| Costco (COST) | $2.18B | Consumer Defensive |
| Monster Beverage (MNST) | $0 | Consumer Defensive |
Frequently asked questions
Does Hershey pay dividends?
Yes, Hershey (HSY) pays quarterly dividends of approximately $5.64 per share annually, yielding 2.96%.
What is Hershey's dividend yield?
Hershey (HSY) has a current dividend yield of 2.96%.
Is Hershey's dividend safe?
Hershey (HSY) passes 5 out of 8 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has Hershey increased its dividend?
Hershey (HSY) has 0 consecutive years of dividend increases.
What is Hershey's dividend payout ratio?
Hershey (HSY) has a dividend payout ratio of 105.1%. Trailing twelve months (GAAP): adjusted dividends over roughly 12 months aligned with the latest reported quarter, divided by the sum of diluted EPS from the last four fiscal quarters (not NII or taxable income for BDCs/REITs).
What is Hershey's dividends paid?
Latest reported dividends paid for Hershey (HSY) is $1.10B (period ending March 29, 2026).
How has Hershey dividends paid changed year-over-year?
Hershey (HSY) dividends paid changed +0.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Hershey dividends paid?
Hershey (HSY) dividends paid compound annual growth rate is +11.1% over the most recent 5 years available.
When did Hershey dividends paid hit its highest annual value?
Hershey dividends paid reached its highest annual value of $1.09B in 2025.
What was Hershey dividends paid in 2024?
Hershey (HSY) dividends paid in 2024 was $1.08B.
What was Hershey dividends paid in 2025?
Hershey (HSY) dividends paid in 2025 was $1.09B.
Explore more
HSY Overview
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Earns $380.24 every second. See per minute, hour, and day.
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Earns $34.70 per second net profit. See per minute, hour, and day.
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