Dividend Aristocrats List: Top 10 Among Billionaires

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5. PepsiCo, Inc. (NASDAQ:PEP)

Number of Billionaire Investors: 18
Number of Hedge Fund Holders: 65

PepsiCo, Inc. (NASDAQ:PEP) is a global food and beverage company that operates in various segments of the consumer goods industry. The company’s quarterly dividend currently stands at $1.265 per share for a dividend yield of 3.02%, as of December 6. It has been rewarding shareholders with growing dividends for the past 51 years.

As of the close of Q3 2023, 65 hedge funds in Insider Monkey’s database owned investments in PepsiCo, Inc. (NASDAQ:PEP). Moreover, the company was also included in 18 billionaire’s portfolios, such as Ray Dalio and Mario Gabelli.

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