Hershey Foods (HSY) Declares $0.596 Class B Share Quarterly Dividend; 2.6% Yield
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Hershey Foods (HSY) Declares $0.656 Class A Share Quarterly Dividend; 2.9% Yield
May 4, 2018 10:18 AM EDTHershey Foods (NYSE: HSY) declared a quarterly dividend of $0.656 per share, or $2.624 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 2.9 percent.
For... 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
