Soft drink giant PepsiCo, Inc. (PEP) and coffee powerhouse Starbucks Corporation (SBUX) are two well-established names in their respective industries, but both stocks have underperformed this year, lagging behind the 20.5% return of the broader S&P 500 Index ($SPX) on a YTD basis.
However, PepsiCo remains a dividend powerhouse, boasting over 50 consecutive years of dividend increases. This remarkable achievement has earned the company Dividend King status, making it a top choice for income-seeking investors who value reliability and stability in their portfolios.
