<p><strong>可口可樂</strong>(KO 2.02%) 和 <strong>百事</strong>(PEP 1.76%) 是兩家頂級食品股，也是安全的長期投資。但對於股息投資者來説，很難在這兩支股票之間做出選擇，因為它們之間有許多相似之處。它們提供高收益、很多安全性和可比較的增長前景。讓我們更仔細地看看這些股票，看看它們中哪一支可能是目前更好的股息股。**</p>
<h2>可口可樂 vs. 百事：關鍵股息統計數據</h2>
<p>比較這兩支股票時，一個很好的起點是關注與它們的股息支付相關的關鍵指標。在查看它們的收益率、支付比率、股息增長率和連續年數時，它們在這些方面是如何相互比較的。</p>
<table>
<thead>
<tr>
<th>指標</th>
<th>可口可樂</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 年股息增長率</td>
<td>21%</td>
<td>42%</td>
</tr>
<tr>
<td>股息增長連續年數</td>
<td>62</td>
<td>52</td>
</tr>
</tbody>
</table>
<p>來源：公司文件，Yahoo Finance。</p>
<p>它們的收益率相當，支付比率也是如此。只要兩家企業繼續增長，它們的股息支付很可能也會上升。兩支股票都是股息王，雖然可口可樂的連續年數更長，但這對股息投資者來説並不會改變遊戲規則。在過去五年裏，百事提高了其支付速度，比可口可樂更快，而且支付比率略低，這可能意味着它的漲幅可能會更加慷慨。</p>
<h2>可口可樂 vs. 百事：關鍵財務指標</h2>
<p>對投資者來説，一個重要的考慮因素是這兩家企業的財務狀況以及未來幾年利潤增長的潛力。這最終可以確定哪家公司更有望實現更多的利潤增長，以及哪家公司將有更大的空間以更高的速度提高其股息支付。</p>
<p>可口可樂的一個優勢是其比百事更好的利潤率，這可以使公司更容易增長其底線。</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 利潤率（季度）數據來源：YCharts。</p>
<p>這兩支股票的增長率參差不齊。它們在未來都有可比較的增長機會，因為這些品牌經常可以互相替代。在增長方面沒有明顯的贏家突顯了這一點。</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 營收（季度同比增長）數據來源：YCharts。</p>
<h2>可口可樂 vs. 百事：估值</h2>
<p>在比較股票時，一個自然的領域也是看它們各自的估值。雖然一項投資可能很有吸引力，但如果它以極高的溢價交易，它可能會失去吸引力。以下是可口可樂和百事在市盈率方面的比較。</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 市盈率數據來源：YCharts</p>
<p>百事現在比可口可樂稍便宜一些，然而需要進一步調查為什麼前者在過去十二個月逐漸變得更便宜，正如上圖所示。可能市場認為百事的增長前景不如一年前那麼吸引人，不像其競爭對手。</p>
<h2>對投資者來説，哪支股息股票更好？</h2>
<p>根據所有圖表和數據，我傾向於認為可口可樂是更好的購買股票。在股息支付方面，這兩支股票之間沒有太大差異，而且在可比支付比率的情況下，它們未來的股息增長率將取決於這兩家企業在發展各自品牌方面的成功程度。</p>
<p>這就是可口可樂開始脱穎而出的地方。與百事相比，可口可樂的更高利潤率可以使其更容易在未來增加其收益。憑藉其龐大的品牌組合，可口可樂有許多途徑可以開拓更多增長機會。強勁的利潤率將是幫助企業充分利用額外收入增長的關鍵。</p>
<p>百事是一個稍微便宜的選擇，但它並沒有以足夠大的折扣交易，以至於天平足夠傾向於它。儘管這兩支股息股票對投資者來説都是不錯的選擇，我會選擇可口可樂。</p>

百事

可口可樂

<p>可口可樂和百事可樂都是頂級食品股，是安全的長期投資選擇。對於追求股息的投資者來説，很難在兩者之間做出選擇。這兩隻股票都提供高收益、安全性和可比較的增長前景。然而，由於可口可樂擁有更高的利潤率和更多的增長機會，它可能是更好的股息股票選擇。雖然百事可樂的股價略低，但優勢並不足以令人滿意。總體而言，這兩隻股票對投資者來説都是不錯的選擇，但更傾向於選擇可口可樂</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>可口可樂</strong>(KO 2.02%) 和 <strong>百事</strong>(PEP 1.76%) 是兩家頂級食品股，也是安全的長期投資。但對於股息投資者來説，很難在這兩支股票之間做出選擇，因為它們之間有許多相似之處。它們提供高收益、很多安全性和可比較的增長前景。讓我們更仔細地看看這些股票，看看它們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>可口可樂 vs. 百事：關鍵股息統計數據</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>比較這兩支股票時，一個很好的起點是關注與它們的股息支付相關的關鍵指標。在查看它們的收益率、支付比率、股息增長率和連續年數時，它們在這些方面是如何相互比較的。</p>
<table>
<thead>
<tr>
<th>指標</th>
<th>可口可樂</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 年股息增長率</td>
<td>21%</td>
<td>42%</td>
</tr>
<tr>
<td>股息增長連續年數</td>
<td>62</td>
<td>52</td>
</tr>
</tbody>
</table>
</div><p>Source: Company filings, Yahoo Finance.</p>
<div class="lb-trans"><p>來源：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>它們的收益率相當，支付比率也是如此。只要兩家企業繼續增長，它們的股息支付很可能也會上升。兩支股票都是股息王，雖然可口可樂的連續年數更長，但這對股息投資者來説並不會改變遊戲規則。在過去五年裏，百事提高了其支付速度，比可口可樂更快，而且支付比率略低，這可能意味着它的漲幅可能會更加慷慨。</p>
</div><h2>Coca-Cola vs. PepsiCo: Key financial metrics</h2>
<div class="lb-trans"><h2>可口可樂 vs. 百事：關鍵財務指標</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>對投資者來説，一個重要的考慮因素是這兩家企業的財務狀況以及未來幾年利潤增長的潛力。這最終可以確定哪家公司更有望實現更多的利潤增長，以及哪家公司將有更大的空間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>可口可樂的一個優勢是其比百事更好的利潤率，這可以使公司更容易增長其底線。</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 利潤率（季度）數據來源：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>這兩支股票的增長率參差不齊。它們在未來都有可比較的增長機會，因為這些品牌經常可以互相替代。在增長方面沒有明顯的贏家突顯了這一點。</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 營收（季度同比增長）數據來源：YCharts。</p>
</div><h2>Coca-Cola vs. PepsiCo: Valuation</h2>
<div class="lb-trans"><h2>可口可樂 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>在比較股票時，一個自然的領域也是看它們各自的估值。雖然一項投資可能很有吸引力，但如果它以極高的溢價交易，它可能會失去吸引力。以下是可口可樂和百事在市盈率方面的比較。</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 市盈率數據來源：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>百事現在比可口可樂稍便宜一些，然而需要進一步調查為什麼前者在過去十二個月逐漸變得更便宜，正如上圖所示。可能市場認為百事的增長前景不如一年前那麼吸引人，不像其競爭對手。</p>
</div><h2>What's the better overall dividend stock for investors?</h2>
<div class="lb-trans"><h2>對投資者來説，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>根據所有圖表和數據，我傾向於認為可口可樂是更好的購買股票。在股息支付方面，這兩支股票之間沒有太大差異，而且在可比支付比率的情況下，它們未來的股息增長率將取決於這兩家企業在發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>這就是可口可樂開始脱穎而出的地方。與百事相比，可口可樂的更高利潤率可以使其更容易在未來增加其收益。憑藉其龐大的品牌組合，可口可樂有許多途徑可以開拓更多增長機會。強勁的利潤率將是幫助企業充分利用額外收入增長的關鍵。</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>百事是一個稍微便宜的選擇，但它並沒有以足夠大的折扣交易，以至於天平足夠傾向於它。儘管這兩支股息股票對投資者來説都是不錯的選擇，我會選擇可口可樂。</p>
</div>

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

- 可口可樂（KO 2.02%）和百事可樂（PEP 1.76%）是兩家頂尖食品股，也是安全的長期投資選擇。
- 它們提供高收益、很多安全性和可比較的增長前景。
- 關鍵股息統計數據顯示，雖然兩者的收益率和派息比率相似，但百事可樂在過去五年中的股息增長率更高，可能會繼續慷慨提高派息。


可口可樂與百事：哪隻股票更適合股息投資者？