Get Paid While You Wait: 3 Top Dividend Stocks in the Snack-Food Sector
Dividend stocks are a stabilizing force in most investors' portfolios. The income they provide helps protect returns during market declines. But a less appreciated benefit is that setting dividend payments to automatically reinvest amplifies gains while working against an investor's most dangerous impulse: overactive trading.
With those positive factors in mind, let's look at a few attractive dividend stocks in the stable snack and consumer foods niche. Read on for some good reasons to like PepsiCo (NASDAQ: PEP), McCormick (NYSE: MKC), and General Mills (NYSE: GIS) today.
PepsiCo investors must be happy that the company resisted calls to break itself up in recent years. That diverse portfolio, which pairs a huge beverage business with snack-food sales, made all the difference in 2020.
Source Fool.com
