PepsiCo: Defensive, Steady Business With Long-Term Dividend Growth

Tim Boyle PepsiCo, Inc. (NASDAQ:PEP) is an American multinational food, snack, and beverage corporation. Founded in 1898, PepsiCo is now a $232 billion (by market cap) food and beverage behemoth that employs nearly 320,000 people. The company reports results across seven segments: PepsiCo Beverages North America, 30% of FY 2022 revenue; Frito-Lay North America, 27%; Europe, 15%; Latin America, 11%; Africa, Middle East, and South Asia, 7%; APAC (Asia Pacific), 6%; and Quaker Foods North America, 4%. The  ...