Stable Brands and Loyal Customers Fuel Dividend Growth for PepsiCo, Starbucks, and Williams-Sonoma
• PepsiCo is a classic dividend stock with 52 years of dividend growth fueled by steady profits from its portfolio of ubiquitous snack and beverage brands.
• Williams-Sonoma shares have doubled in the past year despite industry challenges; it raised its dividend 26% and announced a new $1B buyback showing confidence.
• Starbucks is the world's largest coffee chain with expansion plans to open thousands more stores globally, propelled by a proven profitable model and customer loyalty.
• Starbucks has increased its dividend 340% over 10 years as it transitions from growth to value stock, now yielding 2.5% with a payout set to rise.
• Starbucks faces challenges like union drives but initiatives to reenergize the brand and focus on dividends could quickly change fortunes.