The Hershey Co (MEX:HSY) Dividend Payout Ratio: 0.62 (As of Mar. 2026) — 19% Above Median


MEX:HSY The Hershey Co MEX:HSY
74 GF Score
Price MXN3,090.00
GF Value MXN3,649.31
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is The Hershey Co Dividend Payout Ratio?

The Hershey Co MEX:HSY 74 Dividend Payout Ratio is 0.62 as of Mar. 2026, which is 19% above its 10-year median of 0.52. GuruFocus rates MEX:HSY with a GF Score™ of 74/100 and a GF Value™ of MXN3,649.31 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 998 Consumer Packaged Goods companies, The Hershey Co ranks worse than 82.46% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. The Hershey Co's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.62.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of The Hershey Co is 0.85, which seems too high.

The historical rank and industry rank for The Hershey Co's Dividend Payout Ratio or its related term are showing as below:

MEX:HSY' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.46   Med: 0.52   Max: 0.87
Current: 0.85

During the past 13 years, the highest Dividend Payout Ratio of The Hershey Co was 0.87. The lowest was 0.46. And the median was 0.52.

MEX:HSY's Dividend Payout Ratio is ranked worse than
82.46% of 998 companies
in the Consumer Packaged Goods industry
Industry Median: 0.435 vs MEX:HSY: 0.85

As of today (2026-06-29), the Dividend Yield % of The Hershey Co is 3.26%.

During the past 13 years, the highest Trailing Annual Dividend Yield of The Hershey Co was 3.67%. The lowest was 1.46%. And the median was 2.26%.

The Hershey Co's Dividends per Share for the months ended in Mar. 2026 was MXN26.18.

During the past 12 months, The Hershey Co's average Dividends Per Share Growth Rate was 1.50% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 12.30% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 13.20% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 9.80% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of The Hershey Co was 19.00% per year. The lowest was 1.40% per year. And the median was 10.20% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

The Hershey Co (MEX:HSY) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

The Hershey Co Dividend Payout Ratio Related Terms

The Hershey Co Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for The Hershey Co's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Hershey Co Dividend Payout Ratio Chart

The Hershey Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.46 0.47 0.59 0.87

The Hershey Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.66 1.13 1.05 0.80 0.62

MEX:HSY vs TR, SOWG, RMCF: Dividend Payout Ratio Comparison

For the Confectioners subindustry, The Hershey Co's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

The Hershey Co Dividend Payout Ratio vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Hershey Co's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where The Hershey Co's Dividend Payout Ratio falls into.


MEX:HSY
74GF Score
The Hershey Co MEX:HSY
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Hershey Co Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

The Hershey Co's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=98.671/ 113.616
=0.87

The Hershey Co's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=26.183/ 42.377
=0.62

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.62 mean?
The Hershey Co (MEX:HSY) has a Dividend Payout Ratio of 0.62 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Hershey Co and its competitors. This is 19% above median its historical median of 0.52. Over the past decade, The Hershey Co's Dividend Payout Ratio has ranged from 0.46 to 0.87. According to the industry distribution chart, The Hershey Co ranks #823 out of 998 companies in the Consumer Packaged Goods industry, placing it in the top 82.5%.
Is The Hershey Co's Dividend Payout Ratio too high?
The Hershey Co's current Dividend Payout Ratio of 0.62 is 19% above median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.87. The Consumer Packaged Goods industry median Dividend Payout Ratio is 0.44. The Hershey Co's value of 0.62 is 42.5% above this industry median. Based on the distribution chart, The Hershey Co ranks #823 out of 998 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, The Hershey Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Hershey Co's Dividend Payout Ratio compare to TR and SOWG?
According to the Consumer Packaged Goods industry distribution chart, The Hershey Co ranks #823 out of 998 companies for Dividend Payout Ratio. This places The Hershey Co in the lower half of its industry. The industry median Dividend Payout Ratio is 0.44. The Hershey Co's value of 0.62 is 42.5% above this benchmark. Historically, The Hershey Co's own Dividend Payout Ratio has ranged from 0.46 to 0.87 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.44, The Hershey Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Consumer Packaged Goods company?
The median Dividend Payout Ratio among Consumer Packaged Goods companies is 0.44, based on 998 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Hershey Co's current Dividend Payout Ratio of 0.62 is 42.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on The Hershey Co and its competitors. For the Consumer Packaged Goods industry, the median Dividend Payout Ratio is 0.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Hershey Co's current Dividend Payout Ratio is 0.62, which is 19% above median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Hershey Co stock overvalued right now?
Based on GuruFocus' analysis, The Hershey Co (MEX:HSY) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,649.31, compared to a current price of MXN3,090.00 — trading 15.3% below its estimated fair value. The current Dividend Payout Ratio is 0.62, which is 19% above median its 10-year median of 0.52 and 42.5% above the Consumer Packaged Goods industry median of 0.44. The Hershey Co's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For The Hershey Co (MEX:HSY), the current Dividend Payout Ratio is 0.62 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Hershey Co (MEX:HSY) Overvalued in 2026?

Based on GuruFocus' analysis, The Hershey Co stock appears to be undervalued. The current stock price of MXN3,090.00 is trading 15.3% below its estimated GF Value™ of MXN3,649.31. GuruFocus considers The Hershey Co to be Modestly Undervalued.

Key valuation signals for MEX:HSY:

  • Dividend Payout Ratio: 0.62 (19% above median its 10-year median of 0.52)
  • GF Value™: MXN3,649.31 vs. price of MXN3,090.00 (15.3% below fair value)
  • GF Score™: 74/100 with 6 warning signs
  • Industry Position: 42.5% above the Consumer Packaged Goods median (#823 of 998)

No single metric tells the full story. See the MEX:HSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

The Hershey Co Business Description

Address 19 East Chocolate Avenue, Hershey, PA, USA, 17033
Hershey is a leading US confectionery manufacturer (around a $55 billion market, according to Euromonitor), controlling 35% of the domestic chocolate aisle. Beyond its namesake label, the firm's portfolio has expanded over the last 85 years and now comprises 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 confectionery business, adding Amplify Snack Brands and its Skinny Pop ready-to-eat popcorn to its portfolio, as well as Pirate Brands, Dot's Pretzels, and LesserEvil over the past few years.
74GF Score

Get the complete analysis for MEX:HSY

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,090.00
Price
MXN3,649.31
GF Value