Hershey [NYSE:HSY] June 16, 2008 close: $35.89 /share
52-week range: $33.54 [Jan. 25, 2008] - $51.78 [June 18, 2007]
Dividend = $0.2975 quarterly = 3.32% current yield
Hershey shares jumped up not too long ago when M&M Mars Candy Company agreed to a buyout of Wrigley. Shares were down big today after a Hershey’s Board member seemed to indicate they were not looking to sell at this time.
With the drop back to < $36 most of the risk seems to be out of these high-quality shares.