If it costs you less to buy a share of a company but you are still earning the same quarterly dividend payment, you are earning more per dollar on your investment.
Sales of $22.5 billion in Q4 were up 8.8% year over year and its net income of $1.8 billion grew by 4.5%.
Today, the stock pays a yield of 3.1%. And one of the biggest benefits of investing in PepsiCo is the company’s impressive track record of increasing payouts, a streak that’s now closing in on 50 years.
With many popular brands in its portfolio and the business proving to be resilient even during such difficult times, PepsiCo Is proving to be a safe stock that you can hang on to for the long term.