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On Thursday, shares of PepsiCo Inc (Symbol: PEP) yielded above 4% based on its quarterly dividend, which is annualized at $5.42, with trading prices as low as $134.53. PepsiCo, an S&P 500 company, has a history of providing considerable returns through dividends, exemplified by the S&P 500 ETF (SPY) which saw a total return of 23.36% over 13 years, largely driven by dividends despite the share price decline.
PepsiCo has been increasing its dividend for more than 20 consecutive years, indicating a strong commitment to returning value to shareholders. This consistent growth in dividends positions PEP as an attractive investment option, particularly with current yields surpassing 4%.
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