Sterling Bets on PepsiCo: A $3M Move in the Market’s Dustbowl

This stake, 1.8% of Sterling’s $166.48 million in reportable U.S. equity assets, was no accident. It was a deliberate act of faith in a company that has weathered decades of storms, its roots deep in the soil of convenience and thirst. PepsiCo, with its $92.37 billion in trailing revenue and a dividend yield of 3.62%, is not a sapling but an oak-broad-leafed, gnarled, and stubborn. Its branches stretch across snacks, beverages, and the quiet desperation of consumers who crave something sweet to forget the day.








