Best Food Dividend Stocks to Maximize Your Returns - 2024

Food stocks have always been a staple for dividend investors, providing a reliable source of income and long-term stability. As a basic necessity, the food industry offers resilience even in times of economic uncertainty, making it an attractive option for those seeking dependable returns. Companies in this sector not only benefit from consistent consumer demand but also often exhibit strong market positions, established brands, and global reach. We’ll explore some of the top food dividend stocks that can provide steady growth and solid dividend yields, ensuring your portfolio is well-fed with both stability and profitability.

StockDividend YieldPay-out RatioP/E RatioP/B RatioROE5y Dividend Growth10y Dividend Growth
McDonald's2.29%58.34%25.78%-41.06%-1.69%8.26%7.16%
Coca-Cola3.07%78.28%26.14%10.26%0.40%3.36%5.09%
Bunge3.16%33.28%10.44%1.19%0.11%6.05%8.49%
PepsiCo3.37%75.99%23.18%11.15%0.49%6.63%8.24%
Mondelez International2.82%60.30%21.73%2.98%0.14%11.03%9.23%
Kroger1.97%30.36%16.22%3.48%0.22%15.72%5.99%
Keurig Dr Pepper2.61%51.93%19.97%1.82%0.09%-62.12%-6.04%
Kraft Heinz5.05%141.82%27.99%0.79%0.03%-8.54%0.00%
General Mills3.57%56.29%15.56%4.03%0.26%2.89%4.76%
Corteva1.10%65.04%59.82%1.68%0.03%0.00%0.00%
Brown-Forman1.95%41.14%21.29%5.77%0.29%-12.64%-2.32%
Conagra Brands4.96%135.38%27.32%1.55%0.06%9.86%3.12%
Wendy's5.84%105.67%18.09%13.49%0.68%24.08%18.71%
Molson Coors Beverage2.86%39.17%13.78%0.97%0.07%0.00%2.51%
Campbell Soup3.44%81.13%23.25%3.33%0.14%1.12%9.41%
Ingredion 2.18%30.31%13.80%2.35%0.18%3.99%6.69%
Medifast-%255.16%28.60%1.01%0.04%17.72%0.00%
Starbucks2.38%68.73%29.46%-14.87%-0.46%10.35%9.27%
Yum China1.25%26.99%21.93%3.26%0.15%4.36%0.00%
Restaurant Brands International3.27%80.39%17.60%6.91%0.42%4.10%0.00%
Darden Restaurants3.21%61.13%19.21%9.32%0.48%12.80%9.15%
Texas Roadhouse1.31%40.74%31.94%9.53%0.32%17.08%16.44%
Wingstop0.33%27.24%87.50%-19.71%-0.23%-33.98%0.00%
Arcos Dorados2.72%27.34%11.68%3.33%0.29%-4.41%0.00%
Cheesecake Factory 2.21%41.22%18.15%5.87%0.36%0.37%16.23%
Jack in the Box3.87%-93.43%-24.09%-1.05%0.05%1.92%0.00%
Dine Brands Global6.49%25.38%5.05%-2.16%-0.39%-4.14%-3.78%
FAT Brands10.14%-11.48%-0.63%-0.24%0.47%0.00%0.00%
Ark Restaurants2.53%-27.58%-5.46%1.09%-0.20%-7.22%-3.68%
BAB5.81%66.98%11.52%1.90%0.17%-3.58%-1.81%
B&G Foods10.05%-228.23%-22.79%0.79%-0.03%-16.66%-4.70%
Kraft Heinz5.05%141.82%27.99%0.79%0.03%-8.54%0.00%
Kellogg2.81%76.62%27.49%7.57%0.30%1.24%2.66%
Flowers Foods4.34%83.51%19.18%3.28%0.17%5.09%5.09%
Fresh Del Monte Produce2.94%296.73%106.49%0.82%0.01%4.56%4.14%
Hormel Foods3.41%76.39%22.58%2.27%0.10%7.96%4.93%
Archer-Daniels-Midland3.85%54.67%13.93%1.14%0.08%6.08%9.00%
Lancaster Colony1.98%62.39%31.72%5.34%0.17%7.09%7.85%
Utz Brands1.54%-146.75%-101.74%2.08%-0.02%0.00%0.00%
Calavo Growers1.89%-80.51%-53.18%2.31%-0.04%-21.40%-8.12%
Lamb Weston1.85%29.91%18.12%6.10%0.35%7.94%0.00%
John B.nfilippo & Son3.53%66.32%18.82%3.29%0.17%11.84%8.84%
MGP Ingredients1.03%9.94%9.55%1.12%0.12%8.45%25.38%