11 Stocks that Paid Special Dividends in 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 21 2024
0mins
Should l Buy PEP?
Source: Yahoo Finance
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Analyst Views on PEP
Wall Street analysts forecast PEP stock price to rise
12 Analyst Rating
6 Buy
6 Hold
0 Sell
Moderate Buy
Current: 155.440
Low
144.00
Averages
161.90
High
172.00
Current: 155.440
Low
144.00
Averages
161.90
High
172.00
About PEP
PepsiCo, Inc. is a global beverage and convenient food company. The Company’s segments include PepsiCo Foods North America (PFNA), PepsiCo Beverages North America (PBNA), International Beverages Franchise (IB Franchise), Europe, Middle East and Africa (EMEA), Latin America Foods (LatAm Foods), and Asia Pacific Foods. PFNA segment includes all of its convenient food businesses in the United States and Canada. PBNA segment includes all of its beverage businesses in the United States and Canada. IB Franchise segment includes its international franchise beverage businesses, as well as its SodaStream business. EMEA segment includes its convenient food businesses and beverage businesses with Company-owned bottlers in Europe, the Middle East and Africa. LatAm Foods segment includes all of its convenient food businesses in Latin America. Asia Pacific Foods segment consists of its convenient food businesses in Asia Pacific, including China, Australia and New Zealand, as well as India.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Varun Beverages Reports Increased Q4 Profit Driven by Demand
- Profit Growth: Varun Beverages reported an increase in fourth-quarter profit on Monday, driven by heightened demand across both domestic and international markets, indicating strong performance in a competitive landscape.
- Market Demand: The surge in consumer demand for beverages has led to a significant rise in Varun's sales, reflecting the company's success in attracting a broader customer base amidst fierce competition.
- Exchange Rate Impact: With the current exchange rate at $1 = 94.2300 Indian rupees, fluctuations in currency could affect the company's international sales, necessitating close monitoring of foreign exchange risks.
- Strategic Implications: This profit increase not only strengthens Varun Beverages' market position but also provides financial support for future investments and expansions, highlighting the company's promising growth potential in the expanding beverage market.
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Stable Dividend Investments in Consumer Staples
- Coca-Cola's Dividend King Status: Coca-Cola has increased its dividend for 64 consecutive years, with a current yield of 2.78%, highlighting its strong appeal as a stable income investment, and analysts expect earnings to grow about 7% annually.
- Colgate's Consistent Growth: Colgate has achieved an annual dividend growth of approximately 3.5% over the past three years, with the latest quarterly dividend at $0.53; despite inflation pressures, organic sales grew 1.4% in 2025, showcasing its reliability as a dividend holding.
- PepsiCo's Diversification Advantage: PepsiCo, with multiple strong brands, has increased its dividend for 54 years, currently yielding 3.6%; in a challenging market, management achieved 2% volume growth through innovation and value initiatives, demonstrating business resilience.
- Sustainability of Dividend Growth: Coca-Cola, Colgate, and PepsiCo all exhibit strong cash flows and stable dividend growth, with payout ratios of 67%, 66%, and an annual growth rate of about 7.5%, ensuring consistent returns for long-term investors.
See More
Coca-Cola and Sustainable Dividend Growth
- Coca-Cola's Dividend King Status: Coca-Cola has increased its dividend for 64 consecutive years, with a current forward yield of 2.78%, making it a top choice for long-term income investment, showcasing strong brand influence and market stability.
- Colgate's Steady Growth: Colgate has maintained a 63-year streak of dividend growth, recently announcing a quarterly dividend of $0.53 with a forward yield of 2.52%, demonstrating its strong market penetration and reliability in the consumer staples sector.
- PepsiCo's Diversification Advantage: PepsiCo, with its portfolio of strong brands, has increased its dividend for 54 straight years, currently offering an annual dividend of $5.69 and a forward yield of 3.6%, benefiting from its top-shelf retail positioning that drives stable revenue growth.
- Overall Industry Performance: All three companies exhibit strong cash flow and shareholder return capabilities, maintaining solid performance growth despite inflation and consumer spending pressures, reflecting the resilience and long-term investment value of the consumer goods sector.
See More
Three Sustainable Dividend Stocks for Long-Term Income
- Coca-Cola's Stability: As a 'Dividend King', Coca-Cola has raised its dividend for 64 consecutive years, with a current quarterly payment of $0.53 and a forward yield of 2.78%, indicating its long-term appeal for income investors, while earnings are expected to grow about 7% annually.
- Colgate's Brand Strength: Colgate is also a 'Dividend King', with a 3.5% annual growth in dividends over the past three years, recently announcing a quarterly payment of $0.53 and a forward yield of 2.52%, achieving a 1.4% organic sales growth despite inflationary pressures, showcasing strong market resilience.
- PepsiCo's Diversification: PepsiCo, with its diverse brand portfolio, has increased its dividend for 54 years, currently offering an annual dividend of $5.69 and a forward yield of 3.6%, demonstrating its potential for long-term investment as it achieved 2% volume growth through innovation in a challenging market.
- Investor Considerations: While Coca-Cola is seen as a stable investment, it was not included in The Motley Fool's list of 10 best stocks, suggesting that investors should be cautious and consider potential high-return opportunities when making investment decisions.
See More
U.S. Equity Funds Attract Largest Weekly Investment in Four Weeks
- Investment Surge: As of April 22, U.S. equity funds attracted a net investment of $27.98 billion, marking the largest weekly purchase in four weeks, reflecting investor optimism driven by corporate earnings and AI-related deals.
- Earnings Boost: Upbeat earnings reports from major banks and PepsiCo (PEP.O) enhanced risk appetite, with 82% of 134 S&P 500 companies exceeding analyst expectations in their first-quarter results, further bolstering market confidence.
- Sector Fund Inflows: Funds in the technology, industrial, and financial sectors attracted $5.03 billion, $994 million, and $991 million respectively, leading to a third consecutive week of inflows, indicating strong demand for these sectors.
- Bond Fund Revival: Following $841 million in net sales, bond funds attracted approximately $3.4 billion in inflows this week, signaling renewed interest in fixed-income assets, particularly with net purchases of $1.91 billion and $1.02 billion in domestic taxable fixed income and municipal debt funds respectively.
See More
Gatorade Launches New Global Campaign
- Global Campaign Launch: Gatorade has unveiled its new global campaign 'Trust What's Inside,' aimed at connecting with the next generation of athletes by emphasizing the importance of sweat and sacrifice, thereby enhancing brand recognition.
- Star Athlete Lineup: The campaign features world-class football players such as Christian Pulisic, Vinícius Júnior, and Julián Álvarez, showcasing the brand's influence and recognition within the football community.
- Brand Legacy Continuation: For decades, Gatorade has supported football athletes at all levels, from community pitches to the world's biggest stages, solidifying its leadership position in the sports drink market.
- Science-Backed Products: The new campaign reaffirms Gatorade's 'Is It In You?' platform, highlighting its proven electrolyte blend designed to enhance athlete performance and recovery.
See More
Varun Beverages Reports Increased Q4 Profit Driven by Demand
- Profit Growth: Varun Beverages reported an increase in fourth-quarter profit on Monday, driven by heightened demand across both domestic and international markets, indicating strong performance in a competitive landscape.
- Market Demand: The surge in consumer demand for beverages has led to a significant rise in Varun's sales, reflecting the company's success in attracting a broader customer base amidst fierce competition.
- Exchange Rate Impact: With the current exchange rate at $1 = 94.2300 Indian rupees, fluctuations in currency could affect the company's international sales, necessitating close monitoring of foreign exchange risks.
- Strategic Implications: This profit increase not only strengthens Varun Beverages' market position but also provides financial support for future investments and expansions, highlighting the company's promising growth potential in the expanding beverage market.
See More
Stable Dividend Investments in Consumer Staples
- Coca-Cola's Dividend King Status: Coca-Cola has increased its dividend for 64 consecutive years, with a current yield of 2.78%, highlighting its strong appeal as a stable income investment, and analysts expect earnings to grow about 7% annually.
- Colgate's Consistent Growth: Colgate has achieved an annual dividend growth of approximately 3.5% over the past three years, with the latest quarterly dividend at $0.53; despite inflation pressures, organic sales grew 1.4% in 2025, showcasing its reliability as a dividend holding.
- PepsiCo's Diversification Advantage: PepsiCo, with multiple strong brands, has increased its dividend for 54 years, currently yielding 3.6%; in a challenging market, management achieved 2% volume growth through innovation and value initiatives, demonstrating business resilience.
- Sustainability of Dividend Growth: Coca-Cola, Colgate, and PepsiCo all exhibit strong cash flows and stable dividend growth, with payout ratios of 67%, 66%, and an annual growth rate of about 7.5%, ensuring consistent returns for long-term investors.
See More
Coca-Cola and Sustainable Dividend Growth
- Coca-Cola's Dividend King Status: Coca-Cola has increased its dividend for 64 consecutive years, with a current forward yield of 2.78%, making it a top choice for long-term income investment, showcasing strong brand influence and market stability.
- Colgate's Steady Growth: Colgate has maintained a 63-year streak of dividend growth, recently announcing a quarterly dividend of $0.53 with a forward yield of 2.52%, demonstrating its strong market penetration and reliability in the consumer staples sector.
- PepsiCo's Diversification Advantage: PepsiCo, with its portfolio of strong brands, has increased its dividend for 54 straight years, currently offering an annual dividend of $5.69 and a forward yield of 3.6%, benefiting from its top-shelf retail positioning that drives stable revenue growth.
- Overall Industry Performance: All three companies exhibit strong cash flow and shareholder return capabilities, maintaining solid performance growth despite inflation and consumer spending pressures, reflecting the resilience and long-term investment value of the consumer goods sector.
See More
Three Sustainable Dividend Stocks for Long-Term Income
- Coca-Cola's Stability: As a 'Dividend King', Coca-Cola has raised its dividend for 64 consecutive years, with a current quarterly payment of $0.53 and a forward yield of 2.78%, indicating its long-term appeal for income investors, while earnings are expected to grow about 7% annually.
- Colgate's Brand Strength: Colgate is also a 'Dividend King', with a 3.5% annual growth in dividends over the past three years, recently announcing a quarterly payment of $0.53 and a forward yield of 2.52%, achieving a 1.4% organic sales growth despite inflationary pressures, showcasing strong market resilience.
- PepsiCo's Diversification: PepsiCo, with its diverse brand portfolio, has increased its dividend for 54 years, currently offering an annual dividend of $5.69 and a forward yield of 3.6%, demonstrating its potential for long-term investment as it achieved 2% volume growth through innovation in a challenging market.
- Investor Considerations: While Coca-Cola is seen as a stable investment, it was not included in The Motley Fool's list of 10 best stocks, suggesting that investors should be cautious and consider potential high-return opportunities when making investment decisions.
See More
U.S. Equity Funds Attract Largest Weekly Investment in Four Weeks
- Investment Surge: As of April 22, U.S. equity funds attracted a net investment of $27.98 billion, marking the largest weekly purchase in four weeks, reflecting investor optimism driven by corporate earnings and AI-related deals.
- Earnings Boost: Upbeat earnings reports from major banks and PepsiCo (PEP.O) enhanced risk appetite, with 82% of 134 S&P 500 companies exceeding analyst expectations in their first-quarter results, further bolstering market confidence.
- Sector Fund Inflows: Funds in the technology, industrial, and financial sectors attracted $5.03 billion, $994 million, and $991 million respectively, leading to a third consecutive week of inflows, indicating strong demand for these sectors.
- Bond Fund Revival: Following $841 million in net sales, bond funds attracted approximately $3.4 billion in inflows this week, signaling renewed interest in fixed-income assets, particularly with net purchases of $1.91 billion and $1.02 billion in domestic taxable fixed income and municipal debt funds respectively.
See More
Gatorade Launches New Global Campaign
- Global Campaign Launch: Gatorade has unveiled its new global campaign 'Trust What's Inside,' aimed at connecting with the next generation of athletes by emphasizing the importance of sweat and sacrifice, thereby enhancing brand recognition.
- Star Athlete Lineup: The campaign features world-class football players such as Christian Pulisic, Vinícius Júnior, and Julián Álvarez, showcasing the brand's influence and recognition within the football community.
- Brand Legacy Continuation: For decades, Gatorade has supported football athletes at all levels, from community pitches to the world's biggest stages, solidifying its leadership position in the sports drink market.
- Science-Backed Products: The new campaign reaffirms Gatorade's 'Is It In You?' platform, highlighting its proven electrolyte blend designed to enhance athlete performance and recovery.
See More
