Count on Dividend King Pepsi (PEP) for Stability in a Volatile Market

Pepsi (PEP) trades for just 17.8 times 2024 full-year earnings estimates and an even cheaper 16.9 times December 2025 consensus earnings estimates.

Pepsi has paid dividends to its shareholders for 52 years in a row , and it has increased the size of its payout in each of these 52 years .

This consistency makes Pepsi a Dividend King , placing it in the rare company of stocks that have raised their dividend payouts for at least 50 years .

Pepsi is also the number one player in the lucrative savory snacks market, worth over $250 billion annually .

Count on the King I’m bullish on Pepsi based on its attractive, above-average 3.7% dividend yield and its long and proud history of growing its dividend payout for over five decades . In a market that runs hot and cold and where trends can be fleeting, this type of long-term reliability is something to celebrate. I’m also constructive on Pepsi stock based on its below-average valuationwhich should give investors decent downside protection and plenty of exposure to the upsideand its strong business of selling consumer staples with durable demand. This gives the stock a strong defensive backbone..