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Earlier today Pepsi (#PEP) announced Q1 earnings and beat analyst expectations! The company reported Non-GAAP EPS of $1.21 (beat by $0.09) and revenue of $14.82B (+6.8% Y/Y).
Investors have flocked to #Pespi stock over the years because of its attractive 2.88% dividend yield. But is it in danger? Their balance sheet and cash flows aren't showing space for massive dividend growth at current revenue rates. Also, the company announced that they're not doing any share repurchasing for the remainder of 2021. Is Pepsi a good stock to buy?