November 18, 2021/PepsiCo

/PRNewswire/ — The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.075 per share of PepsiCo common stock, a 5 percent increase versus the comparable year-earlier period.

Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to $4.30 per share from $4.09 per share, which began with the June 2021 payment.

This dividend is payable on January 7, 2022 to shareholders of record at the close of business on December 3, 2021. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2021 marked the company’s 49th consecutive annual dividend increase.