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Barchart
Barchart
Sushree Mohanty

A Juicy Dividend Means Investors Should Stay Patient with Pepsi Stock Before October 8

PepsiCo PEP Pepsi Ramon Laguarta United States

PepsiCo (PEP) is a recognizable global food and beverage giant, but its investment story today goes well beyond the Pepsi name. Its portfolio now includes snacks, soft drinks, sports drinks, and other everyday consumer products, such as Frito-Lay, Gatorade, Doritos, Lay’s, Quaker, and Mountain Dew. The company is all set to report its fiscal third-quarter earnings report on Oct. 8. It enters its third-quarter report with international growth running strongly, U.S. food volumes finally moving in the right direction, and management spending heavily to improve affordability.

But there are still some hiccups. Investors would want to see that the fixes PepsiCo has been putting in place are beginning to work where the business has been struggling the most.

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