SmarterDividends
HSY

The Hershey Company

HSY40 yrs growth

Consumer Defensive · Stock · quarterly payer

Forward Yield

3.18%

Annual Dividend

$5.81

Payout Ratio

104%

5-Yr Growth

11.7%

Ex-Date

May 15, 2026

Frequency

Quarterly

HSY Dividend Safety Score

85/ 100
Grade A

Very Safe

Dividend-growth streak39 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage104% of earnings paid out
Free-cash-flow coverage56% of free cash flow
Balance-sheet strengthDebt/equity of 1.20
Yield vs its historyYield is 1.3× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is HSY a good dividend stock?

Yes

The Hershey Company (HSY) pays a quarterly dividend yielding 3.18% ($5.81/yr), with 40 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

  • Dividend Aristocrat — 40 consecutive years of growth
  • Never cut its dividend on record
  • Strong 11.7% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (104%)

Key Data

Dividend Yield
3.18%
Payout Ratio
104%
Annual Dividend
$5.81
5-Yr Avg Growth
11.7%
Ex-Dividend Date
May 15, 2026
Years of Growth
40
Frequency
quarterly
Beta
0.08
Market Cap
$37.1B
P/E Ratio
34.0
5-Yr Total Return
6%
52-Week Range
$160.07 – $239.48
Dividend Safety
A · 85/100
Ever Cut?
No
HSY ex-dividend date & scheduleNext ex-date May 15, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $5.81 / yr per share

Per payment (quarterly)$145.25
Annual$581.00
Monthly avg$48.42