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Thirsty for Income? Try One of These 4 Beverage Stocks

These big names serve up some delicious payouts

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Dr Pepper Snapple Group

Dr Pepper Snapple DPSDividend Yield: 3.3%

Another company good for consistent payouts is Dr Pepper Snapple Group (DPS). The stock climbed out of the recession at a pretty rapid pace, but has been moving relatively sideways of late. Year-to-date, its return is a mere 6%.

Of course, that has made DPS’ quarterly payout all that much more important.

Dr Pepper Snapple is the newest dividend-payer on the list; it started rewarding investors in late 2009. In that short time period, the company’s dividend has already grown from a 15-cent quarterly payout to 38 cents, good for a current yield just under 3.3% — not too shabby.

Plus, while DPS’s growth has been slow of late, it’s smaller than KO and PEP, and is only currently operating in the U.S., Canada and Mexico. That gives the already strong brand the opportunity for global expansion — part of the reason Dividend Growth Investor snatched up some shares at the start of the month.

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