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Is PepsiCo, Inc. (PEP) the Best Halal Dividend Stock to Invest In Now?


Published on 2025-01-23 15:21:19 - MSN
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  • We recently compiled a list of the 10 Best Halal Dividend Stocks To Invest In. In this article, we are going to take a look at where PepsiCo, Inc. (NASDAQ:PEP) stands against the other halal dividend stocks.

The article from MSN Money discusses whether PepsiCo Inc. (PEP) is a good investment for those seeking halal dividend stocks. It highlights PepsiCo's strong financial performance, with a 10.9% year-over-year revenue increase in the first quarter of 2023, and a consistent dividend growth history, having raised its dividend for 51 consecutive years. The company's diverse product portfolio, including snacks, beverages, and Quaker foods, supports its stability and growth. However, the article also notes that while PepsiCo's products are generally considered halal, investors should verify this with Islamic scholars or halal certification bodies due to potential issues with ingredients or production processes. The piece concludes by suggesting that PepsiCo could be an attractive option for halal-conscious investors due to its financial health, dividend reliability, and broad market presence, but emphasizes the importance of due diligence regarding halal compliance.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/is-pepsico-inc-pep-the-best-halal-dividend-stock-to-invest-in-now/ar-AA1xJGlk ]
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