This Dividend King Just Beat Quarterly Expectations

Zacks Zacks Öffnen unter Zacks
This Dividend King Just Beat Quarterly Expectations

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, 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 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.

Zacks' Research Chief Picks Stock Most Likely to "At Least Double"

Our experts have revealed their Top 5 recommendations with money-doubling potential – and Director of Research Sheraz Mian believes one is superior to the others. Of course, all our picks aren’t winners but this one could far surpass earlier recommendations like Hims & Hers Health, which shot up +209%.

See Our Top Stock to Double (Plus 4 Runners Up) >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report


 
PepsiCo, Inc. (PEP): Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research