PepsiCo (PEP) Raises Quarterly Dividend 7.1% to $1.0225; 3.1% Yield

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PepsiCo Declares Quarterly Dividend

May 5, 2020 4:31 PM EDT

PURCHASE, N.Y., May 5, 2020 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.0225 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 $4.09 per share from $3.82 per share, which will begin with the June 2020 payment. This dividend is payable on June 30, 2020 to shareholders of record at the close of business on June 5, 2020. PepsiCo... More