The consumer staples sector has traditionally been ripe hunting ground for the dividend growth focused investor. Reason being that most consumer staples businesses deal with products that are consumed in short order once they are purchased, which leads to frequent repeat purchases.

The Hershey Company (HSY) is no stranger to the small, repeat purchase business model. The namesake brand of Hershey Kisses and Hershey bars have long fueled the business as more confectionaries were purchased year after year. That strong cash generation allowed them to purchase one of my favorite sweet candies, Reese's.

With plenty of strong and recognizable brands, consumers continue to come back for more of Hershey's products.

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