3 Dividend Stocks That Pay You More Than PepsiCo
The market is in a state of flux today as the world tackles COVID-19. That has investors worried about the future, and focusing on stocks with more conservative business models that can better withstand the volatility of the times. PepsiCo (NASDAQ: PEP) definitely falls into that category as a consumer staples stock selling snacks and beverages to the world. And its 2.8% yield is higher than the market's, so it's fairly attractive.
But there are attractive dividend stocks with even higher yields available as alternative investments right now. Here are three of them, including an obvious alternative -- Coca-Cola (NYSE: KO).
If you are considering PepsiCo, the most obvious comparison is Coca-Cola, which offers investors a 3.3% dividend yield today. In fact, Pepsi is the perennial No. 2 to Coke, so in some ways, Coca-Cola is a better option in the drink space. That said, PepsiCo also owns Frito-Lay and a number of packaged food brands, so this isn't exactly an apples-to-apples comparison. For those seeking out a diversified business, PepsiCo is the winner here.
Source Fool.com
