PepsiCo (PEP) Raises Quarterly Dividend 10% to $1.265; 2.6% Yield

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Go back to PepsiCo (PEP) Raises Quarterly Dividend 10% to $1.265; 2.6% Yield

PepsiCo Declares Quarterly Dividend

May 2, 2023 4:25 PM EDT

PURCHASE, N.Y., May 2, 2023 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.265 per share of PepsiCo common stock, a 10 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.06 per share from $4.60 per share, which will begin with the June 2023 payment. This dividend is payable on June 30,... More