Even With 10-Year Treasury Yields at a 20-Month High, I'd Still Rather Buy This S&P 500 Dividend Stock for Passive Income in September.
Despite 10-year Treasury yields reaching a 20-month high of 4.8% compared to PepsiCo's 4.2% dividend yield, the author argues PepsiCo is the better long-term investment. While Treasuries offer stability, their fixed returns cannot keep pace with inflation. PepsiCo, as a Dividend King with 50+ consecutive annual dividend increases, offers growth potential and inflation protection through business expansion and rising dividends that Treasuries cannot match.