Best Stock to Buy Right Now: PepsiCo vs. Kraft Heinz
If you've ever been to a grocery store or convenience store, you know the brands that PepsiCo (NASDAQ: PEP) and Kraft Heinz (NASDAQ: KHC) sell. They are icons in the food and beverage niche of the consumer staples sector. But while they both have very attractive dividend yields right now, income investors will probably be better off focusing on the only company in this duo that is a Dividend King. Here's why.PepsiCo's dividend has been increased annually for 52 consecutive years. That puts it into the highly elite group of companies that are known as Dividend Kings. Achieving this status doesn't happen by accident -- it requires a strong business model that is executed well in both good times and bad times. If you are an income investor, PepsiCo should be of particular interest to you.Image source: Getty Images.Continue reading
If you've ever been to a grocery store or convenience store, you know the brands that PepsiCo (NASDAQ: PEP) and Kraft Heinz (NASDAQ: KHC) sell. They are icons in the food and beverage niche of the consumer staples sector. But while they both have very attractive dividend yields right now, income investors will probably be better off focusing on the only company in this duo that is a Dividend King. Here's why.
PepsiCo's dividend has been increased annually for 52 consecutive years. That puts it into the highly elite group of companies that are known as Dividend Kings. Achieving this status doesn't happen by accident -- it requires a strong business model that is executed well in both good times and bad times. If you are an income investor, PepsiCo should be of particular interest to you.
Image source: Getty Images.
