5 Best Beverage Dividend Stocks To Buy Now

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1. PepsiCo, Inc. (NASDAQ:PEP)

Number of Hedge Fund Holders: 64

PepsiCo, Inc. (NASDAQ:PEP) tops our list of the best beverage stocks with dividends. The multinational beverage and snack company has grown its payouts for 52 years in a row and its annual dividend stands at $5.42 per share. The stock has a dividend yield of 3.01%, as of April 13.

Insider Monkey’s database of Q4 2023 showed that 64 hedge funds held stakes in PepsiCo, Inc. (NASDAQ:PEP), compared with 65 in the previous quarter. These stakes have a collective value of more than $4.5 billion.

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