PepsiCo is teaming up with a Chinese partner to build a Quaker oats production facility in the Asian country. The US-headquartered food and drinks giant has inked what it called a “strategic cooperation” agreement with Jiangsu Rilong Food Co.

PepsiCo, Inc. PEP is expected to register bottom and top-line growth when it reports fourth-quarter 2024 numbers on Feb. 4, before the opening bell. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.

That said, PepsiCo's financial performance is a bit weak today and there are some big-picture concerns around the consumer staples space that are holding the stock down. If history is any guide, this too shall pass. Thus, the historically high yield on offer right now is likely to be very appealing to a long-term income investor.

Share prices of PepsiCo (NASDAQ: PEP) hit an all-time high in the first half of 2023. If you have been watching this consumer staples giant waiting for a good entry price, this is it. Here's why you should buy PepsiCo right now if you are a dividend growth investor.

This consistent dividend growth is a testament to PepsiCo's financial health and ability to generate sustainable profits. This track record is invaluable for investors, particularly those seeking a reliable income stream. It signifies that PepsiCo is not just a company focused on short-term gains but one built for long-term value creation.

PepsiCo is teaming up with a Chinese partner to build a Quaker oats production facility in the ... its business relationship with the Chinese company. Chen Jiancong, the chairman of Jiangsu ...

It also happens to be the No. 1 U.S. company when it comes to salty snacks via its Frito-Lay business. And PepsiCo also has a sizable packaged food operation that lives within its Quaker Oats ...

PepsiCo is teaming up with a Chinese partner to build a Quaker oats production facility in the Asian country. The US-headquartered food and drinks giant has inked what it called a “strategic ...

Over halfway through the regular season, Nate Oats has a good hold on Alabama basketball's identity. "We try to play fast, but we don't want to be Hollywood," he told ESPN's "College GameDay" on ...

Instacart’s Super Bowl ad includes mascots such as the Old Spice guy, Chester Cheetah, Jolly Green Giant and Mountain Dew’s Puppy Monkey Baby.

Jean Lacefield will speak at the Gateway Community Association, formerly the Pleasant Street Neighborhood Association, meeting at noon Saturday at the Webb Community Center.

PepsiCo, Inc. (NASDAQ:PEP), a global leader in the food and beverage industry with a market capitalization of $208.7 billion, is navigating a challenging market environment as it seeks to maintain its competitive edge and drive growth.