3 Dividend Stocks That Pay You More Than Pepsi Does
Many investors look for stocks that pay dividends, which offer a steady source of income. Some companies issue generous dividends with yields that rival or even outdo traditional safety investments like bonds. PepsiCo's dividend yields 2.8% at Thursday's close, higher than the S&P 500 average of 1.6%. But there are other great companies that offer a higher yield. Coca-Cola (NYSE: KO), JPMorgan Chase (NYSE: JPM), and Realty Income (NYSE: O) all pay you more.
PepsiCo is working on edging past its longtime rival Coca-Cola. It's been growing revenue faster for several years, and its wider range of products has helped it perform better during the pandemic. Third-quarter revenue came in at $4 billion, growing 5%, versus Coca-Cola's still-dominant $8 billion, but with a 9% decline.
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Source Fool.com
