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Strategies & Market Trends : Young and Older Folk Portfolio -- Ignore unavailable to you. Want to Upgrade?


To: SeeksQuality who wrote (7228)8/1/2024 2:03:58 PM
From: mykesc2020  Read Replies (1) | Respond to of 21988
 
"RE HSY-Their payout ratio is ahead of their target (though still manageable)."

I scanned the latest transcript and looked at some documents on their IR site, what is their payout target? I would appreciate the number if you know it?

In looking at their own historical documents.

Payout ratio was >65% (2015-2017 and they increased 6%, 7%, 8% in those years. Since then it has remained <= 50% and we have gotten the bigger +10% raises.

I cant imagine a freeze but maybe I am missing some critical data. I could get on board with a lessor dividend than the previous 3 years, but a freeze? Hummmm.

investors.thehersheycompany.com