The Smartest Dividend Stocks to Buy With $400 Right Now: A Deep Dive into Starbucks and Hershey
Sunday, 31 March 2024, 11:00
Top 2 Dividend Stocks to Consider
Want to make the most out of your $400? Discover why investing in Starbucks and Hershey can be a smart move.
Starbucks: A Global Brand Powerhouse
- Brand Power: Ranked higher than Walt Disney and Walmart by Kantar Brandz.
- Membership Growth: Over 34 million rewards members in Q1.
- High ROIC: 63% return on invested capital showcases profitability.
Despite challenges, Starbucks remains a top dividend stock with strong growth potential.
Hershey: Navigating Challenges with Resilience
- Market Challenges: Facing rising cocoa and sugar prices.
- Profitability: Maintaining 17% net profit margin and 22% ROIC.
- Brand Recognition: Reese's, Hershey's, and Kit Kat among top candy brands.
With a focus on sustainable dividends and profitability, Hershey is a promising dividend stock to watch.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.