Like Dividends? Then You'll Love Hershey Stock
When you only invest in the highest-quality businesses, dividends can be a passive source of reliable and growing income that can help pay your bills in retirement. That's because the best dividend stocks raise their payout regularly and need minimal oversight on your part to make sure the investment thesis is holding up. But how can you identify these stocks?
One key trait of a best-of-breed dividend stock is the company's ownership of numerous brands that are consumed on a daily basis. Here's why I believe the confectioner Hershey (NYSE: HSY) fits this profile and what else makes it a wonderful dividend growth stock.
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Source Fool.com
