Investors looking to add a consumer staple with room for growth and low volatility should look no further than PepsiCo, Inc. (NYSE:PEP), which is continuing to court new customers across the world while steadily increasing its worth as a long-term dividend holding.

PEP stock not only offers a decent yield of 2.7%, but it’s also financially sound enough to be able to sustain (and grow) that payout in years to come.

That dividend, as well as its promise for growth in America and markets around the world, are among five reasons to buy PEP stock in 2015:

New Markets for Expansive Growth

The last quarterly report PEP released showed “good third quarter results in the face of an ongoing challenged macroeconomic environment driven by increasing volatility in the emerging markets and continued sluggish consumer demand in developed markets,” according to CEO Indra Nooyi.

Pepsi, however, is strengthening its presence in growing emerging markets such as Asia, the Middle East and Africa. ICEF Monitor predicts growth three times that of developed markets, reaching a cumulative 65% of the global economic growth through 2020.

Those regions will grow in food and beverage consumption, too. The Asia-Pacific region (4%) is only behind the regions of the Middle East and Africa (5%) in anticipated compound annual growth rate from 2012-17, and is expected to represent 38% of the global share of demand in “value-added” food and beverage by 2017.

Pepsi is addressing this part of the world in part via a $5.5 billion expansion plan in India — which includes new products, agriculture programs and improved manufacturing abilities — expected to be completed by 2020.

North American Job Growth Equals More Consumer Spending  

We are currently in the midst of what The Wall Street Journal is calling “the best three-month stretch of hiring since 1997,” which should provide a nice uptick in consumer spending and inspire spending on PepsiCo products.

A rejuvenated economy — expected to grow at 3.3%, which would be its highest rate since the financial crisis — undoubtedly will benefit PepsiCo, as it earns roughly half of its revenue from the North American market.

PepsiCo Is Thinking Outside the Box

One thing to keep an eye on at all times is consumer trends. We all remember what happened to Krispy Kreme Doughnuts (NYSE:KKD) a few years before the financial crisis when the Atkins diet crushed KKD stock.

As The Coca-Cola Co (NYSE:KO) also knows, America is increasingly becoming concerned with health and nutrition — a fact that has cost Pepsi’s rival dearly. However, PepsiCo does have a number of products that can help stem the tide against its namesake cola, such as the Gatorade, Tropicana and Quaker brands.

PEP Produces Consistently Higher Dividends

PEP stock has paid shareholders a cash dividend every year since 1952, and has increased its dividend for the past 42 years. Plus, there’s still plenty of room to improve on the dividend, with PEP paying out just 54% of its earnings in dividends.

All in all, PepsiCo is very shareholder-friendly with its cash, giving back more than $60 billion to its shareholders through dividends and share buybacks over the past decade.

PEP Stock is a Safe Bet

Putting PEP in your dividend portfolio is about as safe a bet as you can imagine. In addition to the boon from job growth and consumer spending, American and new market growth, and staying on top of the trends, PepsiCo sports a monthly price volatility of just 3.188, and a beta of just 0.4.

Why does that matter? Well, investors concerned that we might be about to enter a bear market should know that stocks with lower price volatility tend to outperform over long periods of time.

Bottom Line

Expect PepsiCo to continue to draw in new consumers in its developed markets while positioning PEP stock to reap the benefits of increasingly westernized emerging markets. And all the while, it will pay out a decent bit of sustainable income.

As of this writing, John Kilhefner did not hold a position in any of the aforementioned securities.