Investment case for PepsiCo currently yielding 2

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iphone 7 case This stock is never really cheap unless a big crisis occurs, but with a 5 year dividend growth rate of over 7% and equally strong earnings growth, there is no real reason for it to get cheap.The company is operating across three core business segments of which the pharmaceutical segments has the highest share (46%), followed by Medical Devices (36%) and Consumer (18%), all measured in terms of revenue.The company has recently announced a $30B acquisition of Swiss Actelion (OTCPK:ALIOF) with the intention to immediately spin out the R unit into a new company. As this acquisition will be immediately accretive to earnings, should it get passed, future earnings estimates need to be revised. Beyond that, we can expect the 55th dividend increase of JNJ in April.So if you want to cash in that higher dividend immediately, you’ll have to buy the stock before the market closes on February 23 and get paid on March 14.Investment case for PepsiCo currently yielding 2.8%Another core dividend stock is PepsiCo which engages in the seemingly boring business of selling beverages and snacks which it has been doing for decades. iphone 7 case

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