Coca-Cola vs PepsiCo: Which Dividend Stock Reigns Supreme

Coca-Cola is one of the most respected dividend stocks on the market, having raised its payout for 64 consecutive years.

The company's flagship product has become a global icon, and its financials are strong, with $26 billion in revenue during the second quarter, up 9% from the previous year.

Coca-Cola's dividend yield is 2.4%, well above the S&P 500 average of 1.1%, and its price-to-earnings ratio mirrors that of the index at 26.

However, comparing Coca-Cola to rival PepsiCo may prompt investors to reconsider their views on the stock.

PepsiCo has also raised its dividend for 54 years, though it trails Coca-Cola in this regard, and its growth outlook is improving.