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The Hershey Company (HSY)
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The Hershey Company (HSY) Dividend Payout Ratio: 105.11%

Is The Hershey Company’s dividend payout ratio high or low?

The Hershey Company's dividend payout ratio of 105.11% is 77% above its 5-year average of 59.32%, near the high end of its 5-year range (45.07%–130.62%).

As of Wednesday, June 17, 2026. 15.88% above its 12-month average of 90.70%.

Dividend Payout Ratio (105.11%) = TTM Dividends/Share ($5.64) / TTM EPS ($5.37)

HSY Dividend Payout Ratio Chart

HSY Dividend Payout Ratio
105.11%+55.57% 1Y
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HSY Average Dividend Payout Ratio Chart

HSY Current vs Average Dividend Payout Ratio Chart

HSY Dividend Payout Ratio Metrics

DIVIDEND PAYOUT RATIO

105.11%

DIVIDEND PAYOUT RATIO AVG TTM

90.70%

DIVIDEND PAYOUT RATIO AVG 3Y

61.62%

DIVIDEND PAYOUT RATIO AVG 5Y

54.85%

DIVIDEND PAYOUT RATIO AVG 10Y

58.19%

DIVIDEND PAYOUT RATIO AVG 15Y

56.17%

DIVIDEND PAYOUT RATIO AVG 20Y

59.50%

CURRENT VS TTM AVG

+15.88%

CURRENT VS 3Y AVG

+70.59%

CURRENT VS 5Y AVG

+91.63%

CURRENT VS 10Y AVG

+80.64%

CURRENT VS 15Y AVG

+87.12%

CURRENT VS 20Y AVG

+76.66%

Annual Payout Ratio History

YearEPSDividendPayout Ratio
2025$4.40$5.48124.5%
2024$10.97$5.4850.0%
2023$9.09$4.4649.0%
2022$8.00$3.8748.4%
2021$7.15$3.4147.7%
2020$6.13$3.1551.5%
2019$5.49$2.9954.5%
2018$5.61$2.7649.1%
2017$3.79$2.5567.2%
2016$3.45$2.4069.6%
2015$2.40$2.2493.2%
2014$3.91$2.0452.2%
2013$3.76$1.8148.1%
2012$3.01$1.5651.8%
2011$2.78$1.3849.6%
2010$2.24$1.2857.1%
2009$1.91$1.1962.3%
2008$1.37$1.1986.9%
2007$0.94$1.14120.7%
2006$2.44$1.0342.2%
2005$2.05$0.9345.4%
2004$2.31$0.8336.1%
2003$1.74$0.7241.5%
2002$1.48$0.6342.6%
2001$0.76$0.5876.7%
2000$1.23$0.5443.9%
1999$1.65$0.5030.3%
1998$1.19$0.4638.7%
1997$1.13$0.4237.2%
1996$0.89$0.3842.7%

The Hershey Company Dividend Payout Ratio Formula & Definition

The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

The Hershey Company Dividend Payout Ratio FAQ

What is the dividend payout ratio for The Hershey Company (HSY)?
The dividend payout ratio for HSY stock is 105.11%.
Is The Hershey Company's dividend payout ratio high or low?
The Hershey Company's dividend payout ratio of 105.11% is 77% above its 5-year average of 59.32%, near the high end of its 5-year range (45.07%–130.62%).
What is the TTM average dividend payout ratio for The Hershey Company (HSY)?
The TTM average dividend payout ratio for HSY stock is 90.70%.
What is the 3Y average dividend payout ratio for The Hershey Company (HSY)?
The 3Y average dividend payout ratio for HSY stock is 61.62%.
What is the 5Y average dividend payout ratio for The Hershey Company (HSY)?
The 5Y average dividend payout ratio for HSY stock is 54.85%.
What is the 10Y average dividend payout ratio for The Hershey Company (HSY)?
The 10Y average dividend payout ratio for HSY stock is 58.19%.
What is the 15Y average dividend payout ratio for The Hershey Company (HSY)?
The 15Y average dividend payout ratio for HSY stock is 56.17%.
What is the 20Y average dividend payout ratio for The Hershey Company (HSY)?
The 20Y average dividend payout ratio for HSY stock is 59.50%.

The Hershey Company Dividend Payout Ratio History

DATEDIVIDEND PAYOUT RATIO
2026-06-16105.11%
2026-06-15105.11%
2026-06-11105.11%
2026-06-09105.09%
2026-06-05105.09%
2026-06-03105.12%
2026-06-01105.10%
2026-05-28105.09%
2026-05-26105.10%
2026-05-21105.09%
2026-05-19105.09%
2026-05-15130.62%
2026-05-13103.58%
2026-05-11103.58%
2026-05-07103.56%
2026-05-05103.56%
2026-05-01103.59%
2026-04-29128.17%
2026-04-27128.16%
2026-04-23128.15%
2026-04-21128.15%
2026-04-17128.14%
2026-04-15128.14%
2026-04-13128.15%
2026-04-09128.15%
2026-04-07128.15%
2026-04-02128.16%
2026-03-31128.15%
2026-03-27128.17%
2026-03-25128.16%
2026-03-23128.16%
2026-03-19128.15%
2026-03-17128.15%
2026-03-13128.15%
2026-03-11128.17%
2026-03-09128.15%
2026-03-05128.16%
2026-03-03128.15%
2026-02-27128.15%
2026-02-25128.15%
2026-02-23128.16%
2026-02-19128.16%
2026-02-17128.15%
2026-02-1281.91%
2026-02-1081.91%
2026-02-0681.92%
2026-02-0481.91%
2026-02-0281.92%
2026-01-2981.91%
2026-01-2781.90%
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2026-01-2181.92%
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2026-01-1481.90%
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2025-12-3081.90%
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2025-12-1981.91%
2025-12-1781.91%
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2025-10-3181.93%
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2025-07-3072.78%
2025-07-2867.58%
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2025-07-2267.56%
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2025-04-3050.28%
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2024-05-2250.77%

Showing the most recent 260 of 2,516 data points. The chart above shows the full history.

About The Hershey Company

The Hershey Company, operating with its various subsidiaries, serves as a key manufacturer and distributor of both sweet confections and general household pantry items. Its market reach extends across the United States and globally. The enterprise strategically divides its operations into three main business segments: North America Confectionery, North America Salty Snacks, and an International division. Its extensive product catalog features a wide array of offerings. This includes various chocolate and non-chocolate candies, as well as refreshing chewing gums and mints. Beyond traditional treats, Hershey also supplies pantry essentials such as baking ingredients, dessert toppings, a range of beverages, and sundae syrups. Furthermore, their snack collection encompasses diverse items like spreads, meat snacks, various bars and snack bites, popcorn, and protein bars. The company markets its broad product line under numerous iconic brand names. Its extensive brand portfolio includes household names such as Hershey's, Reese's, Kisses, Jolly Rancher, Kit Kat, Twizzlers, York, and Ice Breakers, alongside other popular confectionery brands like Almond Joy, Cadbury, Heath, Payday, Rolo, and Whoppers. The snack segment features well-known names like SkinnyPop, Pirates Booty, Paqui, Dot's Homestyle Pretzels, and ONE Bar, complemented by international offerings such as Pelon Pelo Rico, IO-IO, and Sofit. Hershey distributes its merchandise through a comprehensive network of channels. These include wholesale distributors, major grocery store chains, large-scale retailers, pharmacies, vending machine operators, warehouse clubs, convenience stores, discount stores, concession stands, and department stores. Established in 1894, The Hershey Company maintains its corporate headquarters in Hershey, Pennsylvania.

Hershey, PA
18,540 employees
Consumer Defensive / Food Confectioners
Sector
Consumer Defensive
Industry
Food Confectioners
CEO
Kirk C. Tanner