How Safe Is PepsiCo's Dividend?
PepsiCo (NYSE: PEP) has an appetizing array of products for consumers and investors alike. The company's namesake cola heads up an attractive line of beverages, while the Frito-Lay unit focuses on the chips and other snacks that often accompany a can of Pepsi. For decades, PepsiCo has rewarded its investors with strong dividends, and most investors are pretty confident that the company will keep doing so indefinitely into the future. Yet some wonder whether those beliefs are justified or are simply wishful thinking, especially as the cola industry comes under scrutiny from health advocates. Below, you'll learn more about whether PepsiCo's dividend is truly safe.
Current Quarterly Dividend Per Share
$0.805
Source: Fool.com
PepsiCo Inc. Stock
€153.02
0.100%
The stock is an absolute favorite of our community with 23 Buy predictions and no Sell predictions.
With a target price of 174 € there is a slightly positive potential of 13.71% for PepsiCo Inc. compared to the current price of 153.02 €.
