PepsiCo: Wide Moat Dividend Champion To Hold Forever
- PepsiCo is a dividend champion, which has increased distributions for 42 years in a row. This is the type of wide moat company to hold forever.
- The annual dividend payment has increased by 13.50% per year over the past decade.
- Stock price is close to overvalued, and more expensive relative to peers. However, I would be very interested in adding on further price weakness.