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This Dividend King Just Beat Quarterly Expectations

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Outside of technology, investors can still reap nice gains by looking at simple businesses that aren’t overly flashy, such as well-established PepsiCo (PEP - Free Report) , which has nicely outperformed the S&P 500 in 2026, as shown below.

Zacks Investment Research
Image Source: Zacks Investment Research

PepsiCo

PepsiCo is a long-established company that manufactures, markets, and distributes grain-based snack foods, beverages, and other products. The stock has seen a nice reaction to its latest set of results, with  operational efficiencies leading to 27% year-over-year EPS growth and a reaffirmation of its current year guidance.

Keep in mind that PepsiCo holds the elite Dividend King title, demonstrating an unparalleled commitment to its shareholders through 50+ consecutive years of dividend increases. Its dividend reliability is illustrated below.

Zacks Investment Research
Image Source: Zacks Investment Research

Shares currently yield 3.7% annually, with the company forecasting $7.9 billion in dividends paid for its current fiscal year.

Zacks Investment Research
Image Source: Zacks Investment Research

Bottom Line

Less-flashy companies like PepsiCo (PEP - Free Report) have established themselves fully by doing ‘simple’ things exceptionally well. Of course, they’re likely not to impress investors given their less-flashy nature, but sometimes boring is better, especially during volatile periods.

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