Coca-Cola vs PepsiCo: What's the Better Dividend Stock to Buy Right Now?
These stocks have been going in opposite directions of late, and one offers a far higher yield than the other.
Overview
Coca-Cola (NYSE:KO) and PepsiCo (NASDAQ:PEP) are iconic businesses, and their stocks are known for being among the best income-generating investments to own.
However, they've been going in vastly different directions. In the past three years, Coca-Cola's stock has risen by around 50%, while PepsiCo's has declined by 21%. And as dividend investors know, that means their yields have been going in opposite directions; Coca-Cola's yield has been shrinking while PepsiCo's has been rising.
Details
But there's more to assessing dividend stocks than just looking at their yields and past performances. Below, I'll look at both of these stocks to see which one is the best option for dividend investors right now, considering their yields, dividend growth rates, overall financial strength, and valuations.
Source
Originally published at www.fool.com.