3 Reasons to Buy This High-Yield Dividend King Like There's No Tomorrow
If you like boring companies that reward you well for sticking around, you'll love high-yield Dividend King and consumer staples giant PepsiCo (NASDAQ: PEP). It is out of favor on Wall Street right now, but it is actively working to get its business back on track. If history is any guide, the current situation is an opportunity for long-term dividend investors to buy a great company.If you wait for some distant tomorrow there's a good chance you'll miss out. Here are three reasons to buy this stock like there's no tomorrow.One of the very first reasons to be attracted to PepsiCo today is its 3.7% dividend yield. The average consumer staples stock has a yield of 2.6%. The S&P 500 has an even lower yield of just 1.2%. So, on a relative basis compared to peers and the broader market, PepsiCo's yield is highly attractive.Continue reading
If you like boring companies that reward you well for sticking around, you'll love high-yield Dividend King and consumer staples giant PepsiCo (NASDAQ: PEP). It is out of favor on Wall Street right now, but it is actively working to get its business back on track. If history is any guide, the current situation is an opportunity for long-term dividend investors to buy a great company.
If you wait for some distant tomorrow there's a good chance you'll miss out. Here are three reasons to buy this stock like there's no tomorrow.
One of the very first reasons to be attracted to PepsiCo today is its 3.7% dividend yield. The average consumer staples stock has a yield of 2.6%. The S&P 500 has an even lower yield of just 1.2%. So, on a relative basis compared to peers and the broader market, PepsiCo's yield is highly attractive.
