US snack foods giant Hershey has unveiled its latest quarterly dividend.

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The company has declared a dividend of US$0.27 on its common stock and $0.2425 on its class B shares.


The dividends will be paid on 15 June to shareholders of record on 25 May.


Earlier this month, Hershey said will increase the wholesale prices on around a third of its products by 4-5%.


Hershey, based in the US state of Pennsylvania, owns a range of brands including Reese’s, Hershey’s Kisses and Almond Joy.

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