I’m a big fan of buying what you know. I try to have a good understanding of the companies I am buying stocks in within my individual holdings portfolio. In this post we’ll look at Pepsi ($PEP) and Coca-Cola ($KO) as a couple companies of interest. I consume plenty of these products, and I think it’s safe to say most of you reading do. I like to think I’m more into the healthier parts, and not just drinking the sugar filled sodas, but every once in a while a can of Sprite or Pepsi is nice.
PepsiCo, Inc. is a beverage and convenient food company. The Company's segments include Frito-Lay North America, which includes its food businesses in the United States and Canada; Quaker Foods North America, which includes its food businesses, such as cereal, rice, pasta and other branded food, in the United States and Canada; PepsiCo Beverages North America, which includes its beverage businesses in the United States and Canada; Latin America, which includes its beverage and convenient food businesses in Latin America; Europe, which includes its beverage and convenient food businesses in Europe; Africa, Middle East and South Asia (AMESA), which includes all of its beverage and convenient food businesses in Africa, the Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region (APAC), which includes all of its beverage and convenient food businesses in Asia Pacific, Australia and New Zealand, and China region. Its brands include Lays, Doritos and Cheetos.
Pepsi currently yields 2.77% and has increased dividends for a whopping 50 years.
The Coca-Cola Company is a beverage company. The Company's segments include Europe, Middle East and Africa; Latin America; North America; Asia Pacific; Global Ventures; and Bottling Investments. It owns or licenses and markets various beverage brands, which are grouped into categories, such as Coca-Cola; sparkling flavors; hydration, sports, coffee and tea; nutrition, juice, dairy and plant-based beverages; and emerging beverages. It owns and markets five nonalcoholic sparkling soft drink brands, such as Coca-Cola, Sprite, Fanta, Diet Coke and Coca-Cola Zero Sugar. Its hydration, sports, coffee and tea brands include Aquarius, Ayataka, BODYARMOR, Ciel, Costa, dogadan, Dasani, FUZE TEA, Georgia, glaceau smartwater, glaceau vitaminwater, Gold Peak, Powerade and others. Its nutrition, juice, dairy and plant-based beverages brands include AdeS, Del Valle, fairlife, innocent, Minute Maid, Minute Maid Pulpy and Simply. Its products are available to consumers in more than 200 countries.
Coca-Cola currently yields 3.13% and has raised dividends for an even longer 60 years.
I hold both of these fine companies in my portfolio and have added to each at points during the last several years. While I probably consume more Pepsi products, thanks to Chewy bars, I enjoy collecting dividends from both.