# 3 High-Yield Dividend Stocks to Buy Now

> PepsiCo, Best Buy, and Philip Morris offer steady dividends despite market volatility.
- Title: 3 High-Yield Dividend Stocks to Buy Now · The Motley Fool
- Summary: PepsiCo, Best Buy, and Philip Morris offer steady dividends despite market volatility.
- Keywords: pepsico, best buy, philip morris, dividend yield, stock market, dividend stocks, kraft heinz, universal corp, The Motley Fool
- Source: The Motley Fool — https://fool.com/investing/2026/11/09/3-high-yield-dividend-stocks-to-buy-now-and-2-to-a
- Author: Micah Zimmerman
- Published: 2026-11-09T23:05:00+00:00
- Read time: 1 min
- Topics: pepsico, best buy, philip morris, dividend yield, stock market, dividend stocks, kraft heinz, universal corp, finance, money
## PepsiCo: 54-year dividend streak
PepsiCo pays 4.4% yield with 54 consecutive dividend increases.

> PepsiCo (PEP) yields about 4.4 percent at a share price near $141
## Best Buy: 21-year dividend growth
Best Buy raises dividends for 21 straight years with growing sales.

> Best Buy (BBY) pays $0.96 a quarter, has raised the dividend for 21 straight years
## Philip Morris: 17th annual dividend increase
Philip Morris raises dividends 8.8% to $1.60 quarterly.

> Philip Morris International (PM) yields about 3.2 percent, just raised the dividend 8.8 percent
## Kraft Heinz: 6.5% yield without raises
Kraft Heinz's 6.5% yield has not been raised since 2019.

> Kraft Heinz (KHC) yields about 6.5 percent, and on a screen it looks like the best deal
## Universal Corp: 8.4% yield with losses
Universal Corp's 8.4% yield comes from a company that lost money last quarter.

> Universal Corp (UVV) yields about 8.4 percent after 56 straight years of dividend increases
## Dividend yield explained
High dividend yield is either a gift or a warning, not a guarantee of safety.

> A high dividend yield is either a gift or a warning, and the number itself will not tell you which
## PepsiCo's deal renewal
PepsiCo renewed Taco Bell deal for 11 years after losing KFC fountains.

> It renewed its beverage deal with Taco Bell for another 11 years, days after losing KFC's fountains
## Best Buy's sales growth
Best Buy's Q2 sales rose 4.1% with new AI-powered products.

> Q2 comparable sales rose 4.1 percent against a company forecast of about 1 percent
## Philip Morris' revenue growth
Philip Morris reports record quarterly revenue and operating income growth.

> The smoke-free business, built on IQOS heated tobacco and ZYN nicotine pouches, now accounts for more than 40% of revenue
## Kraft Heinz's declining sales
Kraft Heinz's Q3 sales fell 2% with adjusted operating income down 15%.

> Q3 net sales fell 2 percent and adjusted operating income fell 15 percent
## Universal Corp's revenue drop
Universal Corp's Q1 revenue fell 12% with a net loss reported.

> Revenue fell 12 percent, the company posted a net loss, and management blamed an oversupply of tobacco
## Key takeaway

PepsiCo, Best Buy, and Philip Morris pay 3% to 4.4% yields backed by growing revenue, new deals, and recent dividend raises.