I bought my first share of Pepsi 10+ yrs ago after reading One up on Wall Street: How to Use What You Already Know to Make Money in the Market by Peter Lynch. That book inspired me to invest in mundane products normal people use and consume daily. The soda beverage is simple to understand and consumed daily worldwide.
PepsiCo owns iconic sodas Pepsi, Mountain Dew, 7Up, Gatorade along with a host of food snacks Quaker Oats, Lay's / Doritos chips, Tostitos, Cheetos and many other $1B+ brands. Recently with increasing popularity in organics and a more health conscious public, PepsiCo has begun to convert their products from the so-called empty calorie or junk food to a less processed and more whole foods category.
This move into more nutritious and healthy food ingredients has been a challenging business undertaking as indicated by PepsiCo CEO, Indra Nooyi where she talks about the challenge of brand perception and consumer's ever changing tastes.
PepsiCo is also making their factories more sustainable and leading corporate social responsibility in water usage and renewable energy. In the long term, I think this will be beneficial to both consumers and investors alike.
I continue to own this stock, collect the dividends and also consume their products.
(Disclosure - I've consumed 100% whole grain Quaker Oats 2-3 times a week for breakfast for at least 10 yrs now, how's that for a loyal company investor ! :)
Market CAP: 144B EPS:$4.29 Dividend %: 2.8 <= 25+ Years Higher Dividends
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