Retirees love dividend stocks, and for good reason. Well-established companies with wide moats and prodigious free cash flow are the backbone to any nest egg. Pepsi (NYSE: PEP) and Procter & Gamble (NYSE: PG) are two prime examples of such companies.
But between these two, which is the better buy at today’s prices? It’s impossible to answer that question with 100% certainty, as the future is simply unknowable. However, by approaching the question from three different angles, we can get an idea for which one we’re more comfortable with.