3 No-Brainer Dividend Stocks to Buy Right Now

It's rough out there right now if you're a dividend investor. The S 500 has a miserly 1.1% dividend yield, which doesn't even come close to the rule of thumb 4% retirement withdrawal rate that investors often use. However, (NASDAQ: PEP) has a 4% yield, Realty Income (NYSE: O) has a 5.4% yield, and Enterprise Products Partners (NYSE: EPD) has a 6.7% yield. Read on if those yields sound far more attractive to you than 1.1%.

With the lowest yield of the trio, PepsiCo is also the stock that comes with the most uncertainty. It's currently underperforming key consumer staples peers as it faces industry headwinds, including belt-tightening consumers and the effect of healthier eating trends. The stock is down approximately 25% from its 2022 highs.

If you think long-term, however, this is likely to be an opportunity. Management is working to return to stronger growth. That effort has included brand acquisitions to better align with consumer trends and working with an activist investor to streamline the business. Indeed, PepsiCo is a bit of a turnaround story right now. However, it's also a Dividend King.

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Source Fool.com