Coca-Cola Just Hit an All-Time High -- and Pepsi Trades 16% Below Its 52-Week High. Which Dividend Giant Is the Better Buy?

Coca-Cola has reached record highs with strong 10% organic revenue growth and 64 consecutive years of dividend increases, but trades at a premium 26x forward earnings. PepsiCo lags with only 2.6% organic revenue growth and trades 16% below its 52-week high, but offers a higher 4.1% yield and trades at just 17x forward earnings. The author recommends PepsiCo as the better value for dividend investors, citing its margin of safety despite upcoming earnings on July 9.