PepsiCo Is Offering An Almost 10-Year Low Dividend Yield After Its 33% Rally

About: PepsiCo, Inc. (PEP)
by: Aristofanis Papadatos
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Aristofanis Papadatos
Oil & gas, portfolio strategy, value, bonds

PEP is a dividend aristocrat that has grown its dividend for 47 consecutive years.

The stock has enjoyed a steep rally this year, primarily thanks to the interest rate cuts by the Fed.

As a result, PEP is offering an almost 10-year low dividend yield of 2.7%.

In my previous article on PepsiCo (PEP), I recommended purchasing the stock for its attractive expected returns. PepsiCo has rallied 33% since it bottomed at the end of last year and is now