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. to invest around 500 million yuan ($68.9m) in the new plant.

PepsiCo (NASDAQ: PEP) is a well-known company and most investors probably have a good understanding of what it does. Right now, the dividend yield on PepsiCo stock is a historically high 3.6%, which suggests the stock is on sale.

The big reason why a dividend growth investor would want to buy PepsiCo today is that its yield is near historical highs at roughly 3.6%. This suggests that Wall Street has placed the company on the deep discount rack. This is a view that's backed up by the stock's price-to-sales and price-to-earnings ratios being below their five-year averages.

PepsiCo Inc. PEP has been facing operational challenges, primarily in its North America market, since early 2024 due to declining consumer demand and product recalls in the Quaker Foods North America (“QFNA”) segment.

Quaker Oats Co., affiliated to food and beverage giant PepsiCo, Inc., is recalling select Pearl Milling Co. Original Pancake & Waffle

The US Federal Trade Commission sued PepsiCo alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one retailer.

Two big recent announcements highlight the potential for the future at this giant consumer staples company and show why Dividend King PepsiCo has been such a strong competitor for so long. What news did PepsiCo serve up?

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.

Read full article: Missouri man on FBI’s ‘Most Wanted’ list arrested in Lake County The Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price ...

(RTTNews) - Quaker Oats Co., affiliated to food and beverage giant PepsiCo, Inc., is recalling select Pearl Milling Co. Original Pancake & Waffle Mix distributed in 11 states, citing the possible ...

After 10 years in business, the Garza family sold their company Siete Foods to PepsiCo (NASDAQ: PEP) for a cool $1.2 billion. The deal for Siete was announced back in October but closed this January.

M&A activity in the F&B industry is set to rise in 2025, driven by favorable economic conditions and strategic acquisitions by companies expanding their market presence.