Brand Power Keeps PepsiCo (PEP) Ahead in Food Dividend Stocks

PepsiCo, Inc. (NASDAQ:PEP) is included among the 14 Best Food Dividend Stocks to Buy According to Analysts.

Brand Power Keeps PepsiCo (PEP) Ahead in Food Dividend Stocks

PepsiCo, Inc. (NASDAQ:PEP) is an American beverage and snack company. Its beverage portfolio includes Pepsi, Mountain Dew, and Gatorade, and its food division has well-known brands such as Lay’s, Doritos, Quaker Oats, and Cheetos. The company has multiple revenue streams. Soda, water, sports drinks, energy drinks, snacks — all of that adds up. Snacks alone are more than half of what they bring in.

It’s not just the US either. Almost 40% of sales and profits come from other countries. People keep buying these products even when the economy isn’t great, so the business stays steady. In addition, the dividend makes it an appealing option for income investors.

Due to its multiple revenue options, PepsiCo, Inc. (NASDAQ:PEP) ‘s cash flow has always remained stable. This has resulted in the company growing its payouts for 53 years in a row. Currently, the company’s dividend sits at $1.4225 per share for a dividend yield of 4.01%, as of October 5.

While we acknowledge the potential of PEP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than PEP and that has a 100x upside potential, check out our report about the cheapest AI stock.

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Disclosure: None.