5 Dividend Stocks to Buy for Steady Income

3. PepsiCo, Inc. (NASDAQ:PEP)

Dividend Yield as of March 19: 3.70%

On March 19, PepsiCo, Inc. (NASDAQ:PEP) announced that it has met two of its key 2025 water targets under its pep+ initiative, doing so ahead of World Water Day. The company now replenishes 100% of the water used at facilities in high water-risk areas. In simple terms, it is putting back the same amount of water it takes out, and at times even more. This is achieved through conservation projects, infrastructure work, and improved irrigation practices.

In 2025 alone, more than 60 projects helped return nearly 29 billion liters of water to local watersheds. The number is meaningful, but what stands out is how these efforts are spread across different regions rather than concentrated in one place. PepsiCo also confirmed it has fully implemented the Alliance for Water Stewardship (AWS) Standard across all of its high-risk manufacturing sites. This gives the company a clearer, more consistent framework for managing water use and improving sustainability.

These efforts are largely driven by local projects. Work is underway in regions such as the US, Dominican Republic, Egypt, Spain, and Türkiye, with a focus on restoring ecosystems, improving agricultural efficiency, and conserving water. The company is now turning to its 2030 goals. These include expanding water replenishment to cover both company-owned and franchise facilities, improving water-use efficiency, and helping 100 million people gain access to safe water.

PepsiCo, Inc. (NASDAQ:PEP) operates globally, with its products consumed more than one billion times each day across more than 200 countries and territories. In 2025, it generated nearly $94 billion in net revenue, supported by brands including Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and SodaStream.