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Here's why I could buy only three stocks as 2024 comes to a close: PepsiCo, Hormel, and Hershey

The Motley Fool
Summary
Nutrition label

59% Informative

PepsiCo has increased its dividend annually for over five decades , making it a Dividend King .

The company's dividend yield is currently around 3.4% , which is near the highest levels seen over the past 40 years .

Hormel has been having trouble passing on rising costs to customers.

Hershey 's annual dividend has grown steadily for the past decade at 10% .

Hershey 's growth is likely to come from salty snacks and non-chocolate confections, anyway.

PepsiCo, Hormel, and Hershey are all well-run businesses.

Each one is dealing with headwinds right now, but they've all been through tough times before.

VR Score

46

Informative language

42

Neutral language

11

Article tone

informal

Language

English

Language complexity

35

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

medium-lived

External references

8

https://www.fool.com/investing/stock-market/market-sectors/consumer-staples/beverage-stocks/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=69cd365b-1881-4bf6-a7b1-a2a575a5ff8ahttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=f558fd9e-761f-4fcb-b7a1-459d4bc904e5&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fe-sa-foolcom-breakfast-news%3Faid%3D11010%26source%3Disaeditxt0000991%26ftm_cam%3Dsa-breakfast-news%26ftm_veh%3Dtop_incontent_pitch_feed_yahoo%26ftm_pit%3D16694&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=69cd365b-1881-4bf6-a7b1-a2a575a5ff8ahttps://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=f1873085-712f-4b07-bbfe-a7f9c774decf&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-3%3Faid%3D9431%26source%3Disaeditxt0010984%26ftm_cam%3Dsa-dd%26ftm_pit%3D16623%26ftm_veh%3Darticle_pitch_feed_yahoo&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=69cd365b-1881-4bf6-a7b1-a2a575a5ff8ahttps://www.fool.com/investing/stock-market/types-of-stocks/dividend-stocks/dividend-kings/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=69cd365b-1881-4bf6-a7b1-a2a575a5ff8ahttps://www.fool.com/legal/fool-disclosure-policy/https://api.fool.com/infotron/infotrack/click?apikey=35527423-a535-4519-a07f-20014582e03e&impression=f1873085-712f-4b07-bbfe-a7f9c774decf&url=https%3A%2F%2Fwww.fool.com%2Fmms%2Fmark%2Fa-sa-dd-3%3Faid%3D9431%26source%3Disaeditxt0010984%26ftm_cam%3Dsa-dd%26ftm_veh%3Darticle_pitch_feed_yahoo%26ftm_pit%3D16623&utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=69cd365b-1881-4bf6-a7b1-a2a575a5ff8ahttps://www.fool.com/investing/2024/11/22/if-i-could-only-buy-3-consumer-staples-stocks-in/?utm_source=yahoo-host-full&utm_medium=feed&utm_campaign=article&referring_guid=69cd365b-1881-4bf6-a7b1-a2a575a5ff8ahttps://www.fool.com/author/2110/

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