How To Earn $500 Per Month From PepsiCo (NASDAQ: PEP) Stock
Portfolio Pulse from Shankar Iyer
PepsiCo, Inc. (NASDAQ: PEP) has a dividend yield of 2.99% with a payout of $5.04. To earn $500 monthly from dividends, an investment of $200,669 is needed, equating to 1,188 shares at the current price of $168.90. The company's dividend expenses increased by 9.7% for the 12 weeks and 8.7% for the 36 weeks ending Sept. 9, 2023, compared to the same periods in 2022. The article also notes that dividend yield is inversely correlated with stock price changes.
December 08, 2023 | 2:36 pm
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PepsiCo's dividend yield is attractive at 2.99%, with consistent increases in dividend expenses, indicating a stable dividend payout. An investment strategy based on dividend income is highlighted, with a focus on the required investment to achieve a specific monthly income.
The article provides a positive outlook on PepsiCo's dividend, with an increase in dividend expenses suggesting a commitment to returning value to shareholders. This could attract income-focused investors, potentially increasing demand for PEP shares in the short term. However, the impact on the stock price will also depend on broader market conditions and investor sentiment.
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