PepsiCo (PEP) – A great dividend stock for long-term investors
by | Posted 6.11.2013 | Post Comment (No Comments)

PepsiCo, Inc. (PEP) manufactures, markets, and sells various foods, snacks, and carbonated and non-carbonated beverages worldwide. The company operates in four divisions: PepsiCo Americas Foods (PAF), PepsiCo Americas Beverages (PAB), PepsiCo Europe, and PepsiCo Asia, Middle East and Africa (AMEA). The company is a dividend aristocrat which has increased distributions for 41 years in a row. The most recent dividend increase was in February 2013, when the Board of Directors approved a 5.60% increase in the quarterly dividend to 56.75 cents/share.

PepsiCo’s largest competitors include Coca Cola (KO) and Dr Pepper Snapple Group (DPS).

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