1 Magnificent S&P 500 Dividend Stock Down 23% to Buy and Hold Forever
From Yahoo Finance: 2025-06-01 18:02:00
Equity markets have been volatile due to uncertain tariff policies impacting the global economy. PepsiCo’s stock price dropped by nearly 23%, making it an attractive investment for dividend-seeking investors. The company offers a range of popular brands in beverages and food categories, but faces challenges with higher prices affecting revenue growth. Tariffs could further impact costs and profitability, leading to a flat adjusted earnings per share for 2025. Despite short-term concerns, PepsiCo remains a Dividend King with a reliable 4.3% dividend yield. Shareholders can expect dividends to continue while waiting for demand to rebound.
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