If I Had $10,000 for 1 Dividend Grower, This Would Be It
Investors have an increasingly attractive income and growth opportunity in PepsiCo stock.
Overview
Dividend growth stocks tend not to attract as much attention as stocks in growth sectors such as artificial intelligence. Instead, such companies tend to offer the goods or services we need in good times and bad. Ideally, this generates free cash flow to fund a dividend they can afford to increase annually.
Moreover, they often do not correlate with the general market. While they may not rise as quickly as an AI stock, the economy may not turn on them as severely during the pullback, either. Knowing that, this consumer staples stock would be my choice if I had $10,000 to invest in a dividend grower, and here's why.
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Originally published at www.fool.com.