Hershey Raises Dividend Over Seven Percent

Hershey (HSY), a leading candy maker (Almond Joy, Hershey’s, Hershey's Kisses, Kit Kat, Mounds, Reese's and more), raised its quarterly dividend from $0.2975 per share to $0.32 per share, a 7.56 percent increase. The new dividend is payable March 15, 2010 to shareholders of record as of February 25, 2010.

Hershey has a long history of uninterrupted dividends and had increased its dividend every year for 33 years until 2008. It is a Dividend Achiever. See Dividend Summary for a table of quarterly dividends back to March 1997.

Its current dividend yield is 3.50 percent.

To get more performance information about HSY, use the buyupside.com Stock Return Calculator.

See Great Dividend Stocks (A-Z) for more top dividend-paying stocks.

I (RAH) do not own HSY.

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Posted February 6, 2010.