Red-hot chipmaker AMD pops on surprise Q2 profit >>> READ MORE

5 Sweet Stocks for Steady Income

Some treats can be dependable AND delicious — but not all

      View All  


Pepsico (NYSE:PEP)Dividend Yield: 3%

All that food might get you thirsty, though. Lucky for you, PepsiCo (NYSE:PEP) offers a great blend of drinks and snacks — from its sweet namesake cola, Gatorade sports drinks and Tropicana juices to Lay’s potato chips and Cap’n Crunch cereal.

This is another big-name, global company — it has a market cap of over $100 billion and has operations on five continents — that has plenty to offer investors.

PepsiCo’s dividend yield, for one, is an attractive 3%. Its 54-cent quarterly payout has increased every year for decades, including 25% dividend growth since 2009, and it has made payouts since 1952.

Yes, revenue and profits fell last quarter as the company faced struggles with re-franchising and commodity prices, but for now, that represents more anomaly than trend. It remains to be seen how much surging corn prices will hurt on PepsiCo, but investors can’t be too worried about PEP, as shares have steadily climbed a market-beating 16% year-to-date.

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC