PepsiCo, Inc. (NASDAQ:PEP) is listed among the 12 Most Promising Dividend Stocks According to Wall Street Analysts. The company is a major player in the global snacks and beverages market, leading the savory snack segment and ranking as the second-largest beverage maker after Coca-Cola.

PepsiCo’s strength lies in its diversified portfolio, with carbonated drinks, bottled water, sports and energy beverages, and ready-to-eat snacks accounting for about 55% of its revenue. The company also has a strong global presence, with international operations contributing roughly 40% of total sales and operating profits in 2024.

To boost efficiency and support long-term growth, PepsiCo has been closing underutilized plants, enhancing its ERP systems, and adopting artificial intelligence to streamline operations. The company is also finding cost savings in procurement to reinvest in new product innovation, aiming to improve margins while maintaining growth potential.

PepsiCo stands out for its dividend consistency, having raised its dividend for 53 consecutive years and currently offering a quarterly payout of $1.4225 per share, yielding about 4.10% as of October 8. While PEP has investment potential, certain AI stocks may offer greater upside potential with lower downside risk.

For more insights on food dividend stocks, check out the 14 Best Food Dividend Stocks To Buy According to Analysts and the Dividend Champions List: Top 15 Stocks to Buy. No disclosures are made in this article.

Read more at Yahoo Finance: Why PepsiCo (PEP) Remains One of the Most Promising Dividend Stocks for Long-Term Investors