This morning, Hershey (NYSE:HSY) declared its quarterly dividend of 34.5 cents per share, an increase of about 8% over its prior dividend. Based on the current stock price, investors can expect a yield of about 2.8% going forward.
Shares of HSY were higher on Wednesday, climbing 2.6% so far.
In other dividend news, Cardinal Health (NYSE:CAH) maintained its quarterly dividend of 19.5 cents per share. Murphy Oil (NYSE:MUR) maintained its quarterly dividend of 27.5 cents per share. And Rockwell Automation (NYSE:ROK) maintained its quarterly dividend of 35 cents per share.
And among dividend increases, Broadcom (NASDAQ:BRCM) announced its quarterly dividend of 9 cents per share, an increase of about 12% over its prior dividend of 8 cents.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.