<p><strong>可口可乐</strong>(KO 2.02%) 和 <strong>百事</strong>(PEP 1.76%) 是两家顶级食品股，也是安全的长期投资。但对于股息投资者来说，很难在这两支股票之间做出选择，因为它们之间有许多相似之处。它们提供高收益、很多安全性和可比较的增长前景。让我们更仔细地看看这些股票，看看它们中哪一支可能是目前更好的股息股。**</p>
<h2>可口可乐 vs. 百事：关键股息统计数据</h2>
<p>比较这两支股票时，一个很好的起点是关注与它们的股息支付相关的关键指标。在查看它们的收益率、支付比率、股息增长率和连续年数时，它们在这些方面是如何相互比较的。</p>
<table>
<thead>
<tr>
<th>指标</th>
<th>可口可乐</th>
<th>百事</th>
</tr>
</thead>
<tbody>
<tr>
<td>股息收益率</td>
<td>2.9%</td>
<td>3.1%</td>
</tr>
<tr>
<td>支付比率</td>
<td>77%</td>
<td>75%</td>
</tr>
<tr>
<td>5 年股息增长率</td>
<td>21%</td>
<td>42%</td>
</tr>
<tr>
<td>股息增长连续年数</td>
<td>62</td>
<td>52</td>
</tr>
</tbody>
</table>
<p>来源：公司文件，Yahoo Finance。</p>
<p>它们的收益率相当，支付比率也是如此。只要两家企业继续增长，它们的股息支付很可能也会上升。两支股票都是股息王，虽然可口可乐的连续年数更长，但这对股息投资者来说并不会改变游戏规则。在过去五年里，百事提高了其支付速度，比可口可乐更快，而且支付比率略低，这可能意味着它的涨幅可能会更加慷慨。</p>
<h2>可口可乐 vs. 百事：关键财务指标</h2>
<p>对投资者来说，一个重要的考虑因素是这两家企业的财务状况以及未来几年利润增长的潜力。这最终可以确定哪家公司更有望实现更多的利润增长，以及哪家公司将有更大的空间以更高的速度提高其股息支付。</p>
<p>可口可乐的一个优势是其比百事更好的利润率，这可以使公司更容易增长其底线。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/983cca2b279c51852695e7d4ff6c8f3e.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="720" height="456" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/983cca2b279c51852695e7d4ff6c8f3e.png"/></p>
<p>KO 利润率（季度）数据来源：YCharts。</p>
<p>这两支股票的增长率参差不齐。它们在未来都有可比较的增长机会，因为这些品牌经常可以互相替代。在增长方面没有明显的赢家突显了这一点。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/6eb8574ee9b6a5af6678c77ba78636f3.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="720" height="456" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/6eb8574ee9b6a5af6678c77ba78636f3.png"/></p>
<p>KO 营收（季度同比增长）数据来源：YCharts。</p>
<h2>可口可乐 vs. 百事：估值</h2>
<p>在比较股票时，一个自然的领域也是看它们各自的估值。虽然一项投资可能很有吸引力，但如果它以极高的溢价交易，它可能会失去吸引力。以下是可口可乐和百事在市盈率方面的比较。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/f61fa1417f45769068d4e2cd498f0b9c.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="720" height="456" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/f61fa1417f45769068d4e2cd498f0b9c.png"/></p>
<p>KO 市盈率数据来源：YCharts</p>
<p>百事现在比可口可乐稍便宜一些，然而需要进一步调查为什么前者在过去十二个月逐渐变得更便宜，正如上图所示。可能市场认为百事的增长前景不如一年前那么吸引人，不像其竞争对手。</p>
<h2>对投资者来说，哪支股息股票更好？</h2>
<p>根据所有图表和数据，我倾向于认为可口可乐是更好的购买股票。在股息支付方面，这两支股票之间没有太大差异，而且在可比支付比率的情况下，它们未来的股息增长率将取决于这两家企业在发展各自品牌方面的成功程度。</p>
<p>这就是可口可乐开始脱颖而出的地方。与百事相比，可口可乐的更高利润率可以使其更容易在未来增加其收益。凭借其庞大的品牌组合，可口可乐有许多途径可以开拓更多增长机会。强劲的利润率将是帮助企业充分利用额外收入增长的关键。</p>
<p>百事是一个稍微便宜的选择，但它并没有以足够大的折扣交易，以至于天平足够倾向于它。尽管这两支股息股票对投资者来说都是不错的选择，我会选择可口可乐。</p>

百事

可口可乐

<p>可口可乐和百事可乐都是顶级食品股，是安全的长期投资选择。对于追求股息的投资者来说，很难在两者之间做出选择。这两只股票都提供高收益、安全性和可比较的增长前景。然而，由于可口可乐拥有更高的利润率和更多的增长机会，它可能是更好的股息股票选择。虽然百事可乐的股价略低，但优势并不足以令人满意。总体而言，这两只股票对投资者来说都是不错的选择，但更倾向于选择可口可乐</p>

<p><strong>Coca-Cola</strong>(KO 2.02%) and <strong>PepsiCo</strong>(PEP 1.76%) are two top food stocks that also make safe long-term investments. But for dividend investors, it can be hard trying to pick between these two stocks, since there are many similarities between them. They offer high yields, lots of safety, and comparable growth prospects. Let's take a closer look at these stocks and see which one of them may be the better dividend stock to buy right now.</p>
<div class="lb-trans"><p><strong>可口可乐</strong>(KO 2.02%) 和 <strong>百事</strong>(PEP 1.76%) 是两家顶级食品股，也是安全的长期投资。但对于股息投资者来说，很难在这两支股票之间做出选择，因为它们之间有许多相似之处。它们提供高收益、很多安全性和可比较的增长前景。让我们更仔细地看看这些股票，看看它们中哪一支可能是目前更好的股息股。**</p>
</div><h2>Coca-Cola vs. PepsiCo: Key dividend stats</h2>
<div class="lb-trans"><h2>可口可乐 vs. 百事：关键股息统计数据</h2>
</div><p>A good place to start when comparing these two is on key metrics related to their dividend payments. Here's how they stack up against one another when looking at their yields and payout ratios, and dividend growth rates and streaks.</p>
<table>
<thead>
<tr>
<th>Metric</th>
<th>Coca-Cola</th>
<th>PepsiCo</th>
</tr>
</thead>
<tbody>
<tr>
<td>Dividend yield</td>
<td>2.9%</td>
<td>3.1%</td>
</tr>
<tr>
<td>Payout ratio</td>
<td>77%</td>
<td>75%</td>
</tr>
<tr>
<td>5-year dividend growth</td>
<td>21%</td>
<td>42%</td>
</tr>
<tr>
<td>Dividend growth streak (years)</td>
<td>62</td>
<td>52</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><p>比较这两支股票时，一个很好的起点是关注与它们的股息支付相关的关键指标。在查看它们的收益率、支付比率、股息增长率和连续年数时，它们在这些方面是如何相互比较的。</p>
<table>
<thead>
<tr>
<th>指标</th>
<th>可口可乐</th>
<th>百事</th>
</tr>
</thead>
<tbody>
<tr>
<td>股息收益率</td>
<td>2.9%</td>
<td>3.1%</td>
</tr>
<tr>
<td>支付比率</td>
<td>77%</td>
<td>75%</td>
</tr>
<tr>
<td>5 年股息增长率</td>
<td>21%</td>
<td>42%</td>
</tr>
<tr>
<td>股息增长连续年数</td>
<td>62</td>
<td>52</td>
</tr>
</tbody>
</table>
</div><p>Source: Company filings, Yahoo Finance.</p>
<div class="lb-trans"><p>来源：公司文件，Yahoo Finance。</p>
</div><p>Their yields are comparable, and so too are their payout ratios. And as long as both businesses continue to grow, their dividend payments are likely to rise as well. Both stocks are Dividend Kings, and while Coca-Cola has a longer streak overall, that's not going to be a game changer for dividend investors. PepsiCo has been raising its payout at a higher rate than Coca-Cola over the past five years, and with a slightly lower payout ratio, it's possible that its rate hikes may continue to be more generous.</p>
<div class="lb-trans"><p>它们的收益率相当，支付比率也是如此。只要两家企业继续增长，它们的股息支付很可能也会上升。两支股票都是股息王，虽然可口可乐的连续年数更长，但这对股息投资者来说并不会改变游戏规则。在过去五年里，百事提高了其支付速度，比可口可乐更快，而且支付比率略低，这可能意味着它的涨幅可能会更加慷慨。</p>
</div><h2>Coca-Cola vs. PepsiCo: Key financial metrics</h2>
<div class="lb-trans"><h2>可口可乐 vs. 百事：关键财务指标</h2>
</div><p>An important consideration for investors is what the financials look like for both businesses and the potential for their earnings to rise higher in the years ahead. That can ultimately determine which company is on a better path to generating more profit growth, and which one will have greater room to raise its dividend payments at a higher rate in the future.</p>
<div class="lb-trans"><p>对投资者来说，一个重要的考虑因素是这两家企业的财务状况以及未来几年利润增长的潜力。这最终可以确定哪家公司更有望实现更多的利润增长，以及哪家公司将有更大的空间以更高的速度提高其股息支付。</p>
</div><p>One advantage that Coca-Cola has is that it generates better margins than PepsiCo, and that can make it easier for the company to grow its bottom line.</p>
<div class="lb-trans"><p>可口可乐的一个优势是其比百事更好的利润率，这可以使公司更容易增长其底线。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/983cca2b279c51852695e7d4ff6c8f3e.png" alt="" original-src="https://media.ycharts.com/charts/983cca2b279c51852695e7d4ff6c8f3e.png"/></p>
<p>KO Profit Margin (Quarterly) data by YCharts.</p>
<div class="lb-trans"><p>KO 利润率（季度）数据来源：YCharts。</p>
</div><p>The growth rate for these two stocks has been mixed. They both have comparable growth opportunities in the future, as the brands are often interchangeable with one another. And the lack of a clear winner in terms of growth highlights that point.</p>
<div class="lb-trans"><p>这两支股票的增长率参差不齐。它们在未来都有可比较的增长机会，因为这些品牌经常可以互相替代。在增长方面没有明显的赢家突显了这一点。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/6eb8574ee9b6a5af6678c77ba78636f3.png" alt="" original-src="https://media.ycharts.com/charts/6eb8574ee9b6a5af6678c77ba78636f3.png"/></p>
<p>KO Revenue (Quarterly YoY Growth) data by YCharts.</p>
<div class="lb-trans"><p>KO 营收（季度同比增长）数据来源：YCharts。</p>
</div><h2>Coca-Cola vs. PepsiCo: Valuation</h2>
<div class="lb-trans"><h2>可口可乐 vs. 百事：估值</h2>
</div><p>When comparing stocks, a natural area to also look at is their respective valuations. While an investment may be attractive, it could lose its appeal if it trades at an extremely high premium. Here's how Coca-Cola and PepsiCo compare in terms of their respective price-to-earnings ratios.</p>
<div class="lb-trans"><p>在比较股票时，一个自然的领域也是看它们各自的估值。虽然一项投资可能很有吸引力，但如果它以极高的溢价交易，它可能会失去吸引力。以下是可口可乐和百事在市盈率方面的比较。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/f61fa1417f45769068d4e2cd498f0b9c.png" alt="" original-src="https://media.ycharts.com/charts/f61fa1417f45769068d4e2cd498f0b9c.png"/></p>
<p>KO PE Ratio data by YCharts</p>
<div class="lb-trans"><p>KO 市盈率数据来源：YCharts</p>
</div><p>PepsiCo has a slight advantage in being a bit of a cheaper stock than Coca-Cola right now, however there needs more investigation why the former has gradually been getting cheaper over the last twelve months, as the above chart suggests. It's possible the market isn't seeing growth prospects for PepsiCo as attractive as it used to be a year ago, unlike its rival's.</p>
<div class="lb-trans"><p>百事现在比可口可乐稍便宜一些，然而需要进一步调查为什么前者在过去十二个月逐渐变得更便宜，正如上图所示。可能市场认为百事的增长前景不如一年前那么吸引人，不像其竞争对手。</p>
</div><h2>What's the better overall dividend stock for investors?</h2>
<div class="lb-trans"><h2>对投资者来说，哪支股息股票更好？</h2>
</div><p>Based on all the charts and data, I'm inclined to say that Coca-Cola makes for the better stock to buy. There isn't a lot separating the two stocks in terms of their dividend payments, and with comparable payout ratios, their future dividend growth rates will depend on how successful the two businesses are in growing their respective brands.</p>
<div class="lb-trans"><p>根据所有图表和数据，我倾向于认为可口可乐是更好的购买股票。在股息支付方面，这两支股票之间没有太大差异，而且在可比支付比率的情况下，它们未来的股息增长率将取决于这两家企业在发展各自品牌方面的成功程度。</p>
</div><p>And that's where Coca-Cola starts to separate itself out from PepsiCo. The higher profit margins of Coca-Cola, in comparison to PepsiCo, can make it much easier for the former to increase its earnings in the future. With hundreds of brands in its portfolio, Coca-Cola has many avenues it can go down to unlock more growth opportunities. Strong profit margins will be key in helping the business make the most of the additional revenue growth.</p>
<div class="lb-trans"><p>这就是可口可乐开始脱颖而出的地方。与百事相比，可口可乐的更高利润率可以使其更容易在未来增加其收益。凭借其庞大的品牌组合，可口可乐有许多途径可以开拓更多增长机会。强劲的利润率将是帮助企业充分利用额外收入增长的关键。</p>
</div><p>PepsiCo is a bit of a cheaper buy, but it's not trading at large enough of a discount where the scales sufficiently tip in its favor. Although both dividend stocks can be a good options for investors, I'd go with Coca-Cola.</p>
<div class="lb-trans"><p>百事是一个稍微便宜的选择，但它并没有以足够大的折扣交易，以至于天平足够倾向于它。尽管这两支股息股票对投资者来说都是不错的选择，我会选择可口可乐。</p>
</div>

Coca-Cola vs. PepsiCo: Which Stock Is Better for Dividend Investors?

- 可口可乐（KO 2.02%）和百事可乐（PEP 1.76%）是两家顶尖食品股，也是安全的长期投资选择。
- 它们提供高收益、很多安全性和可比较的增长前景。
- 关键股息统计数据显示，虽然两者的收益率和派息比率相似，但百事可乐在过去五年中的股息增长率更高，可能会继续慷慨提高派息。


可口可乐与百事：哪只股票更适合股息投资者？