PepsiCo (PEP) Raises Quarterly Dividend 15.2% to $0.9275; 3.7% Yield
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PepsiCo Declares Quarterly Dividend
May 1, 2018 4:50 PM EDTPURCHASE, N.Y., May 1, 2018 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $0.9275 per share of PepsiCo common stock, a 15.2 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $3.71 per share from $3.22 per share, beginning with the June 2018 payment. This dividend is payable on June 29, 2018 to shareholders of record at the close of business on June 1, 2018. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2018 marks the company's 46th... More
