Friday, August 1, 2014

Hershey (HSY) Dividend Stock Analysis

The Hershey Company (HSY), together with its subsidiaries, manufactures, markets, distributes, and sells chocolate and sugar confectionery products, pantry items, and gum and mint refreshment products. The company has paid dividends since 1930 and has managed to increase them for 5 years in a row. Prior to the dividend freeze in 2009, the company was a dividend champion which had managed to raise dividends for 34 years in a row.

The company’s latest dividend increase was announced in July 2014 when the Board of Directors approved a 10.30% increase in the quarterly dividend to 53.50 cents /share. The company’s peer group includes Mondelez International (MDLZ), Nestle (NSRGY) and Mars. Hershey is one of the five world class dividend companies I plan to buy during the next bear market.

Over the past decade this dividend growth stock has delivered an annualized total return of 10.70% to its shareholders.

Please check the rest of the article on Seeking Alpha.

Full Disclosure: Long NSRGY and MDLZ and a put on HSY

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