20 Dividend Stocks That Billionaires Are Piling On

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14. PepsiCo, Inc. (NASDAQ:PEP)

Number of Billionaire Hedge Fund Shareholders (as of September 30): 9

Value of Billionaires’ Holdings (as of September 30): $2.33 billion

Forward Dividend & Yield: 3.71 (3.20%)

Ex-Dividend Date: 2018-12-06

Pepsi is approaching dividend king status, having raised its dividend for 46 straight years. However, the stock’s 5-year dividend growth rate has slipped below 10% as Pepsi’s payout ratio has crept up to just over 65%.

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