3 Reasons to Buy This 4.2%-Yielding Dividend King Stock in July
There are just six Dividend King stocks yielding more than 4%. This is a sparkling choice to buy this month.
Overview
There's a rift between the two best-known carbonated beverage brands. PepsiCo (NASDAQ: PEP) is relatively out of favor. The beverage and salty snacks giant is trading 17% below its 52-week high and 28% lower than when shares peaked in early 2023.
Rival Coca-Cola is faring considerably better. Coca-Cola hit new highs this week. PepsiCo may be a laggard right now, but don't dismiss it as a potential winning investment. There are a few good reasons to take a chance on PepsiCo this month. Let's check them out.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.