Here is Why PepsiCo (PEP) is Among the Best Dividend-Paying Beverage Stocks to Buy Now

PepsiCo, Inc. (NASDAQ:PEP) is included among the 10 Best Dividend-Paying Beverage Stocks to Buy Now.

Here is Why PepsiCo (PEP) is Among the Best Dividend-Paying Beverage Stocks to Buy Now

ja-san-miguel-xYSp0kkIUio-unsplash

PepsiCo, Inc. (NASDAQ:PEP) engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide.

On May 7, PepsiCo, Inc. (NASDAQ:PEP) increased its quarterly dividend by 4% to $1.48 per share. The dividend is payable on June 30 to shareholders as of the June 5 record. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2026 marked the company’s 54th consecutive annual payout increase, helping it retain its prestigious title of a dividend king. Moreover, with an impressive annual dividend yield of 4.05%, PEP was also recently included in our list of the 10 High Yield Stocks for a Lasting Retirement Income.

The move comes after PepsiCo, Inc. (NASDAQ:PEP) exceeded expectations in its Q1 2026 report last month, supported by the company’s price cuts for salty snacks in the US ​and resilient demand for diet sodas. PepsiCo also reaffirmed its full-year 2026 guidance, with the company expecting organic revenue to ⁠increase between 2% and 4% and core constant currency EPS to grow 4% to 6% compared to last year.

While we acknowledge the risk and potential of PEP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than PEP and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 12 Best Dividend Stocks to Invest In According to Hedge Funds and Top 12 Undervalued Dividend Stocks to Buy Now

Disclosure: None. Follow Insider Monkey on Google News.

1281292 - 11759070 - 1