From Nasdaq MarketSite: 2025-04-27 15:24:00

Consumer staples stocks have shown resilience in a volatile market, with a Dividend King in the sector falling 7% this year. PepsiCo (NASDAQ: PEP) is down 25% from its peak in 2023, facing challenges like slowing revenue growth and changing consumer preferences. Despite this, PepsiCo remains a Dividend King, raising its dividend by 5% and offering a dividend yield of around 3.8%. Valuation metrics suggest PepsiCo stock is cheap, presenting an opportunity for long-term dividend investors. Act now to potentially benefit from this historically cheap valuation.



Read more at Nasdaq MarketSite: Why This High-Yield Dividend King Has Plunged 25% and Why You Should Buy It Now