Company: The Hershey Company (HSY)
*DRIP Club Members are able to acquire or list a share of a company on the DRIP Exchange Page.
Company Profile: Hershey is a leading confectionery manufacturer in the us (around a $25 billion market), controlling around 36% of the domestic chocolate space (per Euromonitor). Beyond its namesake label, the firm’s mix has expanded over the last 85 years and now consists of 100 brands, including Reese’s, Kit Kat, Kisses, and Ice Breakers. Hershey’s products are sold in about 80 countries, albeit with just a high-single-digit percentage of sales coming from markets outside the us, including Brazil, India, and Mexico. The firm has sought inorganic opportunities to extend its reach beyond its core confection business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its mix, Pirate Brands, and Dot’s Pretzels over the past few years. -Morningstar.com-
Symbol: HSY
Recent Price: $199.62
Dividends: $5.48
Yield: 2.75%
Sector: Consumer Defensive
Industry: Confectioners
Address & Company Phone #: 19 East Chocolate Ave. Hershey PA 17033, 717-534-4200
Transfer Agent: Computershare 800-851-4216
Moody’s Rating: A1
Minimum & Maximum Investment: $250 – $250,000/year
Investment Dates: Every 7 days beginning Monday
Shares to Qualify: 1 Share or $250
Fees: Div.: $0 Cash: $5+6¢/sh. Cert: $0 Sells: by Mail, Phone or Internet for $25+12¢/sh. for $15+12¢/sh.
52 Week High & Low: $276.88, $178.82