At this moment, PepsiCo is one stock that is closely watched by US Dividend Growth bloggers. Over the past one year, its share price has been on a downtrend.
PepsiCo is a dividend aristocrat. It has boasted yearly dividend increases for the past 46 years. Just 4 more years to go and PepsiCo will join an even more exclusive group - the Dividend Kings, businesses that have grown their dividends for 50 years in a row.
I know I will get this question, so I will address it first. Why PepsiCo? Why not the Coca-Cola Company? The Coca Cola Company is primarily a beverage company. According to the 2017 Annual Report, the company owns, licenses, and markets more than 500 nonalcoholic beverage brands, which is grouped into the following categories: (a) sparkling soft drinks, (b) water, (c) enhanced water and sports drinks, (d) juice, dairy and plant-based beverages, (e) tea ......