PepsiCo's Next Earnings Report on Oct. 8 2026 Could Send the Stock Plunging. Here's Why.
Pepsico is trading near a five-year low, but that's for a good reason.
Overview
If you're looking for a classic defensive dividend stock, it's hard to find a better choice than PepsiCo (NASDAQ:PEP).
The company has been around for more than 100 years. It's a global giant in its industry and is diversified across both food and beverages, arguably giving it an advantage over rival Coca-Cola(NYSE:KO).
Details
PepsiCo is also a Dividend King, having raised its dividend for 54 straight years. The company now pays a dividend yield of 4.7% as the stock has struggled in recent years. In fact, it's now trading around a 5-year low.
Source
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.