PepsiCo (PEP) Raises Quarterly Dividend 7% to $1.15; 2.7% Yield

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PepsiCo Declares Quarterly Dividend

May 3, 2022 4:30 PM EDT

PURCHASE, N.Y., May 3, 2022 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.15 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 $4.60 per share from $4.30 per share, which will begin with the June 2022 payment. This dividend is payable on June 30, 2022 to shareholders of record at the close of business... More