Here's How Many Shares of PepsiCo Stock You Should Own to Get $1,000 in Yearly Dividends

Group 1 - The article emphasizes the attractiveness of dividend stocks, particularly highlighting PepsiCo as a strong candidate for income generation due to its long history of dividend increases [1][2] - PepsiCo has raised its annual dividend payout for 53 consecutive years, currently offering a forward-looking dividend yield of 3.8%, which is considered high for a stock of its quality [2] - To generate $1,000 in income from PepsiCo's current quarterly payout of$1.355 per share, an investment of approximately $26,360 would be required, equating to 185 shares [3] Group 2 - Despite its strong dividend history, PepsiCo's stock price has experienced significant volatility, being down nearly 30% from its 2023 peak and reaching multiyear lows [4] - Diversification in dividend stocks is recommended, even for established companies like PepsiCo, which is a leader in the beverage and snack chip markets [5] - PepsiCo is considered one of the best options for a new dividend stock in a portfolio [6]