5 Best Beaten Down Dividend Stocks to Buy

In this article, we discuss 5 best beaten down dividend stocks to buy. If you want to read our detailed analysis of dividend stocks and their performance over the years, go directly to read 10 Best Beaten Down Dividend Stocks to Buy. 

5. The Hershey Company (NYSE:HSY)

Number of Hedge Fund Holders: 43
1-Year Share Price Decline as of October 18: 15.5%

The Hershey Company (NYSE:HSY) is an American multinational food and confectionery company that is involved in the production and marketing of various chocolate and confectionery products. The company currently pays a quarterly dividend of $1.192 per share, having raised it by 15% in July this year. Through this increase, the company took its dividend growth streak to 14 years. The stock has a dividend yield of 2.49%, as of October 18.

As of the end of Q2 2023, 43 hedge funds in Insider Monkey’s database owned stakes in The Hershey Company (NYSE:HSY), compared with 44 in the previous quarter. The collective value of these stakes is over $1.05 billion.