Dividend stocks have historically outperformed non-dividend paying stocks. CN has a valuable rail network spanning Canada and the Midwest. PepsiCo is a diverse company with global powerhouse brands in snacks and beverages. Both CN and PepsiCo offer a history of consistent dividends and have strong economic moats for long-term growth. CN is a powerful company with extensive rail infrastructure and is closing the margin gap with competitors. PepsiCo is a global leader in snacks and beverages, with diversification across different product categories and international markets. Both companies have seen their stock prices decline recently, making them potentially attractive for long-term investors seeking dividend income.

Read more at Yahoo Finance: 2 Rock-Solid Dividend Stocks to Buy on the Dip