3 Dividend Stocks to Buy (With Brands You Can Find In Your Kitchen)

As time passes, fewer investors are familiar with Peter Lynch. That’s a shame. The famous former Fidelity fund manager delivered astounding returns for more than a decade in the 1970s and 1980s — 29.2% per year annualized — and wrote popular investing books describing his philosophy. Put very simply, Lynch is best known for the idea of looking for investments in stuff that you know. With that in mind, it’s worth taking a look at these three dividend-paying stocks that make items that you can find in the average American kitchen.

First off, let’s start with a double-threat. PepsiCo (NYSE:PEP) is, as most of us are aware, Coca-Cola’s leading rival; however, it’s a more attractive business than Coca-Cola at this point because of its other business. If you’re like many Americans, you probably associate Hormel Foods (NYSE:HRL) with its iconic SPAM brand. If I had a dollar for every time someone told me Hershey (NYSE:HSY) stock was too expensive, I could buy a ton of chocolate.

Source: InvestorPlace

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