Pepsi Stock's Dividend Yield Just Hit 3%: Should You Buy Shares?
The stock market has done incredibly well over the past 12 months. The same can't be said for consumer food brands like PepsiCo (NASDAQ: PEP). The S&P 500 has posted a 24% total return in the past year, but PepsiCo stock is slightly down as investors worry about declining volumes and the effects of weight-loss drugs on future customer demand.
Despite these fears, PepsiCo just raised its dividend yet again -- marking 52 straight years of dividend increases -- putting its forward dividend yield above 3% for the first time since the March 2020 low. Does that make the stock a good buy for long-term investors?
Source Fool.com
PepsiCo Inc. Aktie
161,14 €
0,17 %
Die PepsiCo Inc. Aktie genießt hohe Beliebtheit: Mehr Buy- (23) als Sell-Einschätzungen (1).
Ein leicht positives Potenzial wird für PepsiCo Inc. mit einem Kursziel von 174 € im Vergleich zu 161.14 € gesehen.
