3 Reasons Why This 4%-Yielding Dividend King Is the Ultimate Passive Income Powerhouse to Buy Now

PepsiCo (NASDAQ: PEP) stock fell 4.5% on Tuesday, putting it within just a couple of percentage points of a 52-week low.The food and beverage titan reported fairly weak full-year 2024 results. 2025 guidance calls for a prolonged slowdown across its business units, with a low single-digit increase in organic revenue and a mid-single-digit rise in core constant currency earnings per share (EPS).Despite the poor results and bleak outlook, here are three reasons why PepsiCo is a dividend stock worth buying now.Continue reading

Feb 10, 2025 - 04:30
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3 Reasons Why This 4%-Yielding Dividend King Is the Ultimate Passive Income Powerhouse to Buy Now

PepsiCo (NASDAQ: PEP) stock fell 4.5% on Tuesday, putting it within just a couple of percentage points of a 52-week low.

The food and beverage titan reported fairly weak full-year 2024 results. 2025 guidance calls for a prolonged slowdown across its business units, with a low single-digit increase in organic revenue and a mid-single-digit rise in core constant currency earnings per share (EPS).

Despite the poor results and bleak outlook, here are three reasons why PepsiCo is a dividend stock worth buying now.

Continue reading