Hershey Foods (HSY) Declares $0.656 Class A Share Quarterly Dividend; 2.9% Yield
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Hershey Foods (HSY) Declares $0.596 Class B Share Quarterly Dividend; 2.6% Yield
May 4, 2018 10:18 AM EDTHershey Foods (NYSE: HSY) declared a quarterly dividend of $0.596 per Class B share, or $2.384 annualized.
The dividend will be payable on June 15, 2018, to stockholders of record on May 25, 2018, with an ex-dividend date of May 24, 2018.
The annual yield on the dividend is 2.6... More
U.S. tech, banks are big winners from lower taxes in first quarter
May 2, 2018 4:42 PM EDTBy Noel Randewich
SAN FRANCISCO (Reuters) - U.S. technology heavyweights like Apple, Amazon and Intel along with Wall Street's biggest banks look like the early winners from Republicans' corporate tax cuts, boosting their bottom lines by more than $11 billion so far, a Reuters analysis of first-quarter earnings showed.
Graphic: Tech and Banks Win Big from Tax Cuts - https://reut.rs/2rfY7Uv
S&P 500 companies on average have slashed their median effective tax rates to 21 percent in the March quarter, down 6 percentage points from a year ago, according to an analysis of 252... More
UPDATE: Argus Downgrades Hershey (HSY) to Hold
May 2, 2018 7:10 AM EDT(Updated - May 2, 2018 7:48 AM EDT)
(updated to add analyst comment)
Argus downgraded Hershey (NYSE: HSY) from Buy to Hold.
Analyst John Eade comments "This financially strong company has a focus on shareholder returns, with a stock buyback program... More
