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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.
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 ...
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.
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.
Pepsi was only one of scores of cola drinks when he became president, and like all the others, was making little headway against the giant Coca-Cola bottling concern. But Pepsi made $3 million in 1938, increased profits an impressive 76 percent, and saw its stock increase in value from $70 to $190 a share.
"Pepsi-Cola hits the spot / Twelve full ounces, that's a lot / Twice as much for a nickel, too / Pepsi-Cola is the drink for you." [13] Coming at a time of economic crisis, the campaign succeeded in boosting Pepsi's status. From 1936 to 1938, Pepsi-Cola's profits doubled. [14] The stylized Pepsi-Cola wordmark used from 1951 to 1971.
Like Coca-Cola, PepsiCo has offered a solid and reliable dividend for investors, boosting it annually for 52 years, just a decade shy of Coca Cola’s streak. Pepsi is also a mature, blue chip ...
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% ...