Hershey: 2.8% Yield Indicates Undervaluation, But Graham P/E Shows Otherwise
HSYHershey(HSY) Seeking Alpha·2024-06-03 23:37
arlutz73 HSY stock: yield surged to the highest levels in 10 years The Hershey Company (NYSE:HSY) showed up in our screening recently. In these screens, we set filters to look for companies that pay regular dividends and whose current dividend yields are usually below or above their historical averages. A simple glance at the chart below will show why HSY is near the top of our filtered results. HSY is currently yielding almost 2.8% on an FWD basis (shown by the solid red line). In contrast, its histori ...