5 Best Consumer Staples Dividend Stocks To Buy Now

3. PepsiCo, Inc. (NASDAQ:PEP)

Number of Hedge Fund Holders: 65

PepsiCo, Inc. (NASDAQ:PEP) is next on our list of the best dividend stocks from the consumer staples industry. The global food and beverage company pays a quarterly dividend of $1.265 per share and has a dividend yield of 2.98%, as of January 31. Its dividend growth streak currently spans over 51 years.

As per Insider Monkey’s database of Q3 2023, 65 hedge funds reported having stakes in PepsiCo, Inc. (NASDAQ:PEP), compared with 68 in the preceding quarter. These stakes have a collective value of nearly $4.3 billion.

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