3 Dividend Stocks That Pay You More Than Pepsi Does
PepsiCo's (NASDAQ: PEP) success is backed by a catalog of strong snack and beverage brands and a distribution infrastructure that's among the best in the food and beverage industry. The stock boasts a solid 3.1% dividend yield at current prices, and the company has a 48-year streak of delivering annual payout growth that puts it just two years out from achieving Dividend King status.
PepsiCo offers plenty of attractive characteristics for income-focused investors, and it's not hard to see why the stock has long been a staple in income-focused portfolios. On the other hand, some investors may be looking for stocks that have bigger yields. Read on for profiles of three stocks paying dividends that trounce Pepsi's.
After a surprisingly good employment report showing that the U.S. added 2.5 million jobs in May, when many economists had forecast about 8 million net jobs would be lost across that stretch, the S&P 500 rallied and is down less than 1% year to date as of this writing. That's a remarkable recovery in light of volatile economic and political conditions that investors have faced in 2020, but there are still some appealing stocks that have seen substantial dips on the year and are sporting elevated yields.
Source Fool.com
