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Here's why Coca-Cola (NYSE: KO), PepsiCo (NASDAQ: PEP), and Procter & Gamble (NYSE: PG) are sitting on the sidelines but are three dividend stocks that could still be worth buying now.
He coined the name "Pepsi-Cola" in 1898 marketing the drink from his pharmacy in New Bern, North Carolina. As his drink gained popularity Bradham founded the Pepsi-Cola Company in 1902 and registered a patent for his recipe in 1903. [6] The company was incorporated under Delaware General Corporation Law in 1919.
In 1965, Pepsi-Cola and Frito-Lay merged to form PepsiCo, now the world's second-largest nonalcoholic beverage manufacturer. Headquartered in Purchase, N.Y., Pepsi owns a portfolio of more than 22 ...
Coca-Cola has raised its dividend for 62 consecutive years, while PepsiCo has hiked its payout for 52 straight years. At current share prices, Coca-Cola's payout gives it a forward yield of 2.8% ...
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Coca-Cola (NYSE: KO) and PepsiCo (NASDAQ: PEP) are two top food stocks that also make safe long-term investments. But for dividend investors, it can be hard trying to pick between these two stocks ...
Loft's candy operations were spun off from the new Pepsi-Cola Corporation in 1941, an immediate result of the Loft-Pepsi merger. [ citation needed ] The newly independent Loft Candy Corporation attracted the attention of Philadelphia magnate Albert M. Greenfield , whose City Stores Company (CSCo) rapidly acquired control of the new company.
Pepsi is PepsiCo's most valuable brand and is sold in over 200 countries with more than 20 billion dollars in revenue per year -- but still comes in third after Coca-Cola and Diet Coke.