Consumer staples companies produce essential items that people regularly purchase. Some, like PepsiCo, have achieved Dividend King status. Despite a historically high yield, investors are favoring other stocks. PepsiCo is among the top 10 largest consumer staple companies, with a market cap of around $200 billion. It competes with major players in the sector, offering diversified products beyond beverages. PepsiCo, a Dividend King, has increased its dividend for 53 consecutive years. It faces competition in sales growth from peers like Coca-Cola. However, recent performance challenges have led to a decrease in stock value, offering an opportunity for long-term investors. With strategic moves to improve performance and a high dividend yield, PepsiCo could be a valuable addition to a portfolio. Despite recent underperformance, PepsiCo has been the best-performing stock on the top 10 list in the past three months. Investors are starting to recognize its potential, making it an attractive long-term investment. Consideration of the Motley Fool’s top 10 stock picks is recommended for potential high returns.

Read more at Yahoo Finance: New Motley Fool Research Reveals the 10 Largest Consumer Staple Companies. Here’s Which Dividend King Is Still Flying Under the Radar.