PepsiCo Inc. a Top Ranked SAFE Dividend Stock With 3.0% Yield (PEP)
Wed, Jan 23, 9:36 AM ET, by ETF Channel
PepsiCo Inc. (PEP) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.0% yield, as well as a superb track record of at least two decades of dividend growth, according to the most recent ''DividendRank'' report.
According to the ETF Finder at ETF Channel, PepsiCo Inc. is a member of the iShares S&P 1500 Index ETF (ITOT), and is also an underlying holding representing 1.54% of the SPDR S&P Dividend ETF (SDY), which holds $142,670,942 worth of PEP shares.
PepsiCo Inc. (PEP) made the "Dividend Channel S.A.F.E. 25" list because of these qualities: S. Solid return — hefty yield and strong DividendRank characteristics; A. Accelerating amount — consistent dividend increases over time; F. Flawless history — never a missed or lowered dividend; E. Enduring — at least two decades of dividend payments.
The annualized dividend paid by PepsiCo Inc. is $2.15/share, currently paid in quarterly installments, and its most recent dividend ex-date was on 12/05/2012. Below is a long-term dividend history chart for PEP, which the report stressed as being of key importance.
PEP operates in the Beverages & Wineries sector, among companies like Fomento Economico Mexicano, S.A.B. de C.V. (FMX), and Coca-Cola Co (KO).
Read the original article at ETF Channel: PepsiCo Inc. a Top Ranked SAFE Dividend Stock With 3.0% Yield (PEP)
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