3 Dividend Stocks That Pay You More Than Pepsi

Many investors have turned to PepsiCo (NASDAQ: PEP) for its dividend. At a yield of approximately 3%, it significantly outperforms the S&P 500 on payout returns. The index's average yield currently stands at less than 1.9%.

However, you can also find dividend stocks that exceed PepsiCo's yield. More importantly, these stocks earn the profits necessary to continue funding the payout. Further, they show paths to predictable growth that point to future dividend hikes.

If you're seeking stocks such as these that are also trading at an opportune buy point, you should consider Cardinal Health (NYSE: CAH), Prudential Financial (NYSE: PRU), and Verizon Communications (NYSE: VZ).

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Source Fool.com