Playing Defense With PepsiCo's Nearly 4% Dividend (Rating Upgrade)

Summary

• PepsiCo's selloff under $150 per share has created the highest dividend yield in the company's history, and a rate 3x the S&P 500 equivalent.
• The stock has a recurring history of outperforming Wall Street averages during recessions and major bear markets.
• The potential for 2025-26 relative strength may mimic the Dotcom Tech bust of 2000-02, if Big Tech names turn sharply lower soon.