PepsiCo remains strong dividend stock with 53 years of consecutive dividend increases

From Yahoo Finance: 2025-06-20 23:55:00

PepsiCo, Inc. (NASDAQ:PEP) remains a top dividend stock despite a 14% drop in share price in 2025. With 53 years of consecutive dividend increases, the company’s solid track record and business strategy are evident in its latest 5% dividend boost announced with Q4 2024 earnings.

Challenges like rising production costs and weaker consumer spending have impacted PepsiCo’s recent performance. The company lowered its annual profit outlook due to economic uncertainty caused by tariffs introduced by President Trump, but analysts expect demand to recover once the economic environment stabilizes.

Currently offering a quarterly dividend of $1.4225 per share, PepsiCo (NASDAQ:PEP) has a dividend yield of 4.4% as of June 17. While PEP presents potential as an investment, some AI stocks may offer greater upside potential with less downside risk, particularly those benefiting from Trump-era tariffs and the onshoring trend.

Read more: This Dividend King Stands Out as a Long-Term Favorite