Dividend Lovers Examine ETFs as PepsiCo Raises Payout
Tweet Send to a Friend
Get Alerts PEP Hot Sheet
Price: $82.64 +0.06%
Overall Analyst Rating:
NEUTRAL (
Up)
Dividend Yield: 2.7%
EPS Growth %: +11.6%
Overall Analyst Rating:
NEUTRAL (
Up)Dividend Yield: 2.7%
EPS Growth %: +11.6%
Trade PEP Now!
Dividend stocks are in focus after PepsiCo, Inc. (NYSE: PEP) is the latest bluechip to raise its dividend. The beverage and snack food giant boosted its quarter payout 4.4% to $0.5375 per share, or $2.15 annualized. This gives it a yield of 3.2%.
PespiCo is a big holding in dividend ETFs like Vanguard Dividend Appreciation ETF (NYSE: VIG) and Schwab U.S. Dividend Equity ETF (NYSE: SCHD). In addition to VIG and SCHD, the most popular dividend ETF by volume is iShares Dow Jones Select Dividend Index (NYSE: DVY), although PepsiCo is not a 10 ten holding there.
On the whole, cash dividend payments should rise to a record high in 2012, according to Howard Silverblatt, S&P's senior index analyst. Data compiled by Silverblatt estimated payouts for 2012 will be $279 billion, $31 billion more than the previous record of $248 set in 2008.
Dividend ETFs have become popular recently, partially because there is general interest in dividend paying stocks, but the ETFs are also valued because they simplify the process for investors by collecting and paying dividends in an organized way.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
PespiCo is a big holding in dividend ETFs like Vanguard Dividend Appreciation ETF (NYSE: VIG) and Schwab U.S. Dividend Equity ETF (NYSE: SCHD). In addition to VIG and SCHD, the most popular dividend ETF by volume is iShares Dow Jones Select Dividend Index (NYSE: DVY), although PepsiCo is not a 10 ten holding there.
On the whole, cash dividend payments should rise to a record high in 2012, according to Howard Silverblatt, S&P's senior index analyst. Data compiled by Silverblatt estimated payouts for 2012 will be $279 billion, $31 billion more than the previous record of $248 set in 2008.
Dividend ETFs have become popular recently, partially because there is general interest in dividend paying stocks, but the ETFs are also valued because they simplify the process for investors by collecting and paying dividends in an organized way.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- UPDATE: Group 1 Automotive (GPI) Raises Qtr. Dividend to $0.16; Yields 1.0%
- Macy's (M) Posts Q1 EPS of 55c; Comps Up 3.8%; Boosts Dividend 25%, Raises Buyback
- UPDATE: Kansas City Southern (KSU) to Replace Dean Foods (DF) in S&P 500; WhiteWave Foods (WWAV) to S&P MidCap 400
Create E-mail Alert Related Categories
ETFsRelated Entities
Standard & Poor's, Dividend, Vanguard
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
