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's2.87%58.34%25.27%-40.25%-1.69%8.26%7.16%
Coca-Cola3.83%78.28%25.92%10.18%0.40%3.36%5.09%
Bunge2.96%33.28%11.15%1.27%0.11%6.05%8.49%
PepsiCo4.21%75.99%23.00%11.06%0.49%6.63%8.24%
Mondelez International2.73%60.30%22.41%3.07%0.14%11.03%9.23%
Kroger2.10%30.05%15.03%3.36%0.23%15.72%5.99%
Keurig Dr Pepper2.78%51.93%18.77%1.71%0.09%-62.12%-6.04%
Kraft Heinz6.54%141.82%27.01%0.77%0.03%-8.54%0.00%
General Mills4.75%56.29%14.64%3.79%0.26%2.89%4.76%
Corteva1.44%65.04%57.06%1.60%0.03%0.00%0.00%
Brown-Forman2.70%41.30%19.33%5.51%0.29%-12.63%-2.31%
Conagra Brands6.61%135.38%25.65%1.46%0.06%9.86%3.12%
Wendy's6.94%105.67%19.05%14.21%0.68%24.08%18.71%
Molson Coors Beverage3.51%39.17%13.85%0.97%0.07%0.00%2.51%
Campbell Soup3.40%78.48%16.78%2.51%0.15%1.12%9.41%
Ingredion 2.21%30.31%13.57%2.35%0.18%3.99%6.69%
Medifast-%255.16%25.86%0.91%0.04%17.72%0.00%
Starbucks2.36%68.73%29.74%-15.02%-0.46%10.35%9.27%
Yum China1.28%26.99%20.49%3.04%0.15%4.36%0.00%
Restaurant Brands International4.16%80.39%17.31%6.79%0.42%4.10%0.00%
Darden Restaurants4.15%61.13%18.73%9.09%0.48%12.80%9.15%
Texas Roadhouse1.54%40.74%33.10%9.87%0.32%17.08%16.44%
Wingstop0.29%27.24%97.45%-21.95%-0.23%-33.98%0.00%
Arcos Dorados2.51%18.87%10.81%3.93%0.36%-4.41%0.00%
Cheesecake Factory 2.30%41.22%17.48%5.66%0.36%0.37%16.23%
Jack in the Box4.78%-93.43%-24.37%-1.06%0.05%1.92%0.00%
Dine Brands Global7.56%25.38%5.42%-2.32%-0.39%-4.14%-3.78%
FAT Brands10.67%-11.48%-0.60%-0.23%0.47%0.00%0.00%
Ark Restaurants5.49%-27.58%-3.77%0.75%-0.20%-7.22%-3.68%
BAB7.83%66.98%10.26%1.69%0.17%-3.58%-1.81%
B&G Foods12.16%-228.23%-18.84%0.66%-0.03%-16.66%-4.70%
Kraft Heinz6.54%141.82%27.01%0.77%0.03%-8.54%0.00%
Kellogg3.50%76.62%27.49%7.57%0.30%1.24%2.66%
Flowers Foods5.38%62.53%19.22%3.29%0.17%5.09%5.09%
Fresh Del Monte Produce2.96%296.73%105.84%0.81%0.01%4.56%4.14%
Hormel Foods4.80%78.17%20.66%2.05%0.10%7.96%4.93%
Archer-Daniels-Midland2.85%37.91%9.97%1.17%0.11%6.08%9.00%
Lancaster Colony2.50%62.39%31.04%5.23%0.17%7.09%7.85%
Utz Brands2.05%-146.75%-96.57%1.97%-0.02%0.00%0.00%
Calavo Growers1.84%-80.51%-54.77%2.38%-0.04%-21.40%-8.12%
Lamb Weston2.34%29.91%17.84%6.01%0.35%7.94%0.00%
John B.nfilippo & Son3.76%66.32%17.67%3.09%0.17%11.84%8.84%
MGP Ingredients0.98%9.94%10.02%1.18%0.12%8.45%25.38%