PepsiCo Declares Quarterly Dividend

Image Credit: cdp.net

July 25, 2024/PepsiCo

The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period.

Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which began with the June 2024 payment.

This dividend is payable on September 30, 2024 to shareholders of record at the close of business on September 6, 2024. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2024 marked the company’s 52nd consecutive annual dividend increase.

Leave a Comment

Your email address will not be published. Required fields are marked *

*