5 Best August Dividend Stocks To Buy

3. The Hershey Company (NYSE:HSY)

Ex-Dividend Date: August 17

The Hershey Company (NYSE:HSY) is an American multinational confectionery company that manufactures chocolates, confectionery products, and a wide range of different snacks. On July 27, the company declared a 15% hike in its quarterly dividend to $1.192 per share. This marked the company’s 14th consecutive year of dividend growth. With a dividend yield of 2.02% as of July 29, HSY is one of the best dividend stocks on our list.

The Hershey Company (NYSE:HSY) was a part of 44 hedge fund portfolios in Q1 2023, up from 37 in the previous quarter, as tracked by Insider Monkey. The collective value of stakes owned by these funds is over $1.8 billion. With over 1.5 million shares, GQG Partners was the company’s leading stakeholder in Q1.

Follow Hershey Co (NYSE:HSY)