Better Dividend Buy: PepsiCo vs. Coca-Cola

If you're thirsty for passive income right now, you're in luck. Many dividend stocks have been left out of the stock market's 2023 rally, meaning their yields are elevated even as their valuations have declined. It's a win-win for dividend fans.

All those positive factors apply to some degree with both (NASDAQ: PEP) and Coca-Cola (NYSE: KO). But which dividend stock belongs in your portfolio?

Both businesses are enjoying solid organic sales growth trends, yet there are important differences for investors to note. PepsiCo is expanding at a slower pace thanks to its diverse product line that includes snacks and breakfast foods.

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Source Fool.com