If I Could Only Buy 3 Consumer Staples Stocks in the Last Half of 2024, I'd Pick These

PepsiCo has increased its dividend annually for over five decades, making it a Dividend King. The company's dividend yield is currently around 3.4%, which is near the highest levels seen over the past 40 years or so. In other words, it looks like a fallen angel, which means it is a good company facing temporary challenges.