Hershey (HSY) Dividend

The Hershey Company · Consumer Defensive · Confectioners · quarterly payer

$174.98

As of Nov 5, 2026, Hershey (HSY) pays a quarterly dividend of $1.4520 per share, or $5.81 a year, a 3.33% yield at its $174.98 share price. The next ex-dividend date is Nov 16, 2026, paid Dec 15, 2026. It has a dividend safety grade of A.

Forward Yield

3.33%

Annual Dividend

$5.81

Payout Ratio

65%

5-Yr Growth

11.7%

Ex-Date

Nov 16, 2026

Frequency

Quarterly

Key facts about HSY's dividend

Data as of Nov 5, 2026 · Source: SmarterDividends data

As of Nov 5, 2026, The Hershey Company (HSY) has a forward dividend yield of 3.33%, based on an annual dividend of $5.81 per share and a share price of $174.98.
As of Nov 5, 2026, HSY's dividend safety grade from SmarterDividends is A (89 out of 100), which rates the dividend as very safe.
HSY has never cut its regular dividend in the payment history SmarterDividends has on record.
HSY's next ex-dividend date is Nov 16, 2026, with payment on Dec 15, 2026. Shares must be owned before that date to receive the dividend.
As of Nov 5, 2026, HSY pays out 65% of its trailing 12-month earnings as dividends (its payout ratio).
HSY's dividend has grown at an average rate of 11.7% a year over the past five years.
As of Nov 5, 2026, HSY's 3.33% yield is 41% above its five-year average yield of 2.36%.
As of Nov 5, 2026, SmarterDividends' blended fair-value estimate for HSY is $202.35 per share, 16% above the $174.98 share price, so HSY screens as undervalued.
The Hershey Company (HSY) pays its dividend quarterly, 4 times a year.
The Hershey Company (HSY) has raised its regular dividend 40 times and cut it 0 times across the 165 payments on record since 1985. Its most recent change was a 6.0% increase to $1.45 per share, going ex-dividend on Feb 17, 2026.
Hershey (HSY) has declared its first higher dividend of the year in July in 3 of the last 5 years; its most recent raise, 6.0%, was declared on Feb 4, 2026.

Cite this page

SmarterDividends, "HSY Dividend: Yield, Safety Grade & Next Ex-Date," updated Nov 5, 2026, https://smarterdividends.com/stocks/HSY

Is HSY a good dividend stock?

Yes

The Hershey Company (HSY) pays a quarterly dividend yielding 3.33% ($5.81/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

Never cut its dividend on record
Strong 11.7% 5-yr dividend growth
Top-tier dividend safety score

Risks

Share price is down over the past 5 years

Key Data

Dividend Yield: 3.33%
Payout Ratio: 65%
Annual Dividend: $5.81
5-Yr Avg Growth: 11.7%
Ex-Dividend Date: Nov 16, 2026
Years of Growth: 0
Frequency: quarterly
Beta: 0.07
Market Cap: $35.2B
P/E Ratio: 19.8
5-Yr Total Return: -7%
52-Week Range: $156.16 – $239.48
Dividend Safety: A · 89/100
Ever Cut?: No

HSY dividend raises and cuts

The Hershey Company (HSY) has raised its regular dividend 40 times and cut it 0 times across the 165 payments on record since 1985. Its most recent change was a 6.0% increase to $1.45 per share, going ex-dividend on Feb 17, 2026.

Ex-date	Change	Old → new	Move
Feb 17, 2026	Raise	$1.37 → $1.45	+6.0%
Feb 16, 2024	Raise	$1.19 → $1.37	+14.9%
Aug 17, 2023	Raise	$1.04 → $1.19	+15.1%
Aug 18, 2022	Raise	$0.901 → $1.04	+15.0%
Aug 19, 2021	Raise	$0.804 → $0.901	+12.1%
Aug 20, 2020	Raise	$0.773 → $0.804	+4.0%
Aug 22, 2019	Raise	$0.722 → $0.773	+7.1%
Aug 23, 2018	Raise	$0.656 → $0.722	+10.1%
Aug 23, 2017	Raise	$0.618 → $0.656	+6.1%
Aug 23, 2016	Raise	$0.583 → $0.618	+6.0%
Aug 21, 2015	Raise	$0.535 → $0.583	+9.0%
Aug 21, 2014	Raise	$0.485 → $0.535	+10.3%

Show all 40 changes since 1985

Ex-date	Change	Old → new	Move
Aug 21, 2013	Raise	$0.420 → $0.485	+15.5%
Nov 20, 2012	Raise	$0.380 → $0.420	+10.5%
Feb 22, 2012	Raise	$0.345 → $0.380	+10.1%
Feb 23, 2011	Raise	$0.320 → $0.345	+7.8%
Feb 23, 2010	Raise	$0.298 → $0.320	+7.4%
Aug 22, 2007	Raise	$0.270 → $0.298	+10.4%
Aug 23, 2006	Raise	$0.245 → $0.270	+10.2%
Aug 23, 2005	Raise	$0.220 → $0.245	+11.4%
Aug 23, 2004	Raise	$0.198 → $0.220	+11.4%
Aug 21, 2003	Raise	$0.164 → $0.198	+20.4%
Aug 21, 2002	Raise	$0.152 → $0.164	+8.3%
Aug 22, 2001	Raise	$0.140 → $0.152	+8.2%
Aug 23, 2000	Raise	$0.130 → $0.140	+7.7%
Aug 23, 1999	Raise	$0.120 → $0.130	+8.3%
Aug 21, 1998	Raise	$0.110 → $0.120	+9.1%
Aug 21, 1997	Raise	$0.100 → $0.110	+10.0%
Aug 21, 1996	Raise	$0.0900 → $0.100	+11.1%
Aug 23, 1995	Raise	$0.0813 → $0.0900	+10.8%
Aug 22, 1994	Raise	$0.0750 → $0.0813	+8.3%
Aug 20, 1993	Raise	$0.0675 → $0.0750	+11.1%
Aug 20, 1992	Raise	$0.0613 → $0.0675	+10.2%
Aug 20, 1991	Raise	$0.0563 → $0.0613	+8.9%
Nov 19, 1990	Raise	$0.0488 → $0.0563	+15.4%
Aug 21, 1989	Raise	$0.0438 → $0.0488	+11.4%
Aug 19, 1988	Raise	$0.0388 → $0.0438	+12.9%
Aug 19, 1987	Raise	$0.0338 → $0.0388	+14.8%
Aug 18, 1986	Raise	$0.0313 → $0.0338	+8.0%
Nov 19, 1985	Raise	$0.0292 → $0.0313	+7.1%

Every HSY payment →Download every raise and cut (CSV)

HSY ex-dividend date & scheduleNext ex-date Nov 16, 2026 · full ex-dividend historyView →HSY dividend historyEvery payment, totals by year, raises and cutsView →HSY dividend calculator100 shares pay $581.00 a year, $145.25 each quarterCalculate →HSY total return calculatorWhat $10,000 became, with dividends reinvested or taken as cashSee →

Frequently Asked Questions

Is HSY a good dividend stock?

Yes. The Hershey Company (HSY) pays a quarterly dividend yielding 3.33% ($5.81/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Is HSY undervalued?

Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, HSY's fair value is about $202.35 versus a $174.98 share price — so it looks undervalued (+16% vs. fair value).

Is HSY's dividend safe?

HSY has a dividend-safety grade of A (89/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a clean no-cut history, debt and yield-versus-history.

What is HSY's fair value?

Our blended fair-value estimate for HSY is about $202.35 per share, roughly 16% above the current $174.98 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

Is HSY a buy, hold, or sell?

We don't issue formal ratings, but on the data HSY screens as "yes" and undervalued. The Hershey Company (HSY) pays a quarterly dividend yielding 3.33% ($5.81/yr), with 0 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding. This is research for your own analysis, not investment advice.

Will HSY cut its dividend?

HSY earns a dividend-safety grade of A (89/100), with no dividend cut on record. A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

Does HSY pay a dividend?

Yes. The Hershey Company pays a quarterly dividend of about $5.81 per share annually, a forward yield of roughly 3.33%.

How much dividend does 100 shares of HSY pay?

At $5.81 per share a year, 100 shares of HSY pay $581.00 a year in dividends before tax, about $145.25 each quarter. Buying them costs about $17,498 at the Nov 5, 2026 price.

What is HSY's dividend yield?

As of Nov 5, 2026, HSY's forward dividend yield is 3.33%, based on a $5.81 annual dividend and a $174.98 share price.

What is HSY's dividend per share?

As of Nov 5, 2026, HSY pays $5.81 per share per year, distributed on a quarterly basis.

What is HSY's dividend payout ratio?

As of Nov 5, 2026, HSY's payout ratio is 65% of trailing 12-month earnings — a moderate level that's generally sustainable.

How many years has HSY grown its dividend?

HSY does not currently have a long dividend-growth streak on record.

When is the next HSY ex-dividend date?

As of Nov 5, 2026, the next ex-dividend date on record for HSY is Nov 16, 2026.

Dividend Growth

Total dividends per share by year

Dividend History

Full HSY dividend history →

Ex-Date	Pay Date	Amount	Type
Aug 14, 2026	Sep 15, 2026	$1.4520	regular
May 15, 2026	Jun 15, 2026	$1.4520	regular
Feb 17, 2026	Mar 16, 2026	$1.4520	regular
Nov 17, 2025	Dec 15, 2025	$1.3700	regular
Aug 15, 2025	Sep 15, 2025	$1.3700	regular
May 16, 2025	Jun 16, 2025	$1.3700	regular
Feb 14, 2025	Mar 14, 2025	$1.3700	regular
Nov 18, 2024	Dec 16, 2024	$1.3700	regular
Aug 16, 2024	Sep 16, 2024	$1.3700	regular
May 16, 2024	Jun 14, 2024	$1.3700	regular
Feb 16, 2024	Mar 15, 2024	$1.3700	regular
Nov 16, 2023	Dec 15, 2023	$1.1920	regular
Aug 17, 2023	Sep 15, 2023	$1.1920	regular
May 18, 2023	Jun 15, 2023	$1.0360	regular