Pepsico Inc Stock Price, News & Analysis

The Board of Directors of PepsiCo (NASDAQ: PEP) has declared a quarterly dividend of $1.075 per share, marking a 5% increase from the previous year. This decision reflects the company's confidence, following an increase of the annual dividend to $4.30 from $4.09, beginning with the June 2021 payment. The dividend will be payable on September 30, 2021, to shareholders recorded by September 3, 2021. PepsiCo has maintained consecutive cash dividends since 1965 and celebrated its 49th consecutive annual dividend increase.

Gatorade has named Roisin Willis and Hobbs Kessler the 2020-21 Gatorade National Track and Field Players of the Year. Willis achieved multiple records, including an Under-18 world record in the 800m (2:00.78) and a state record in the 1,600m (4:41.46). Kessler broke the national prep record in the 1500m (3:34.6) and set a national record in the mile (3:57.66). Both athletes excelled academically, with Willis maintaining a 4.0 GPA and Kessler a 3.48 GPA. The award celebrates athletic excellence, character, and academic achievement.

Gatorade has named Dylan Lesko of Buford High School as the 2020-21 Gatorade National Baseball Player of the Year, honoring his outstanding athletic and academic achievements. Lesko, who has a 4.0 GPA, boasts an impressive 11-0 record with a 0.35 ERA and 112 strikeouts in 60 innings. He is recognized among the top prospects in his class and has committed to play at Vanderbilt University. The award highlights Lesko's contributions on and off the field, joining an elite list of previous award winners who have excelled in Major League Baseball.

Tostitos, a brand under Frito-Lay North America, is launching a new cooking series called "Next Day Delicious" in collaboration with celebrity chef Carla Hall. This initiative aims to help consumers creatively use their Fourth of July leftovers. Beginning July 5, 2021, Carla Hall will share recipes on social media, showcasing unique dishes such as Spicy Tostitos S'Mores and Tostitos Crusted Corn Dogs. This campaign is part of Tostitos' broader strategy to connect people through shared food experiences.

Doritos has launched the SOLID BLACK™ initiative to amplify the voices of Black innovators and creators. The campaign, which begins this summer, will invest over $5 million to support these changemakers, each receiving $50,000 for their efforts. The initiative, highlighted during the BET Awards, aims to spotlight stories of resilience through various public platforms. Additionally, Doritos is committing $100,000 to the National Urban League to support Black entrepreneurs, part of a larger $400 million commitment by PepsiCo for racial equality.

Fritos® and Papa Murphy's® have collaborated to launch the limited-edition Fritos® Outlaw Pizza, available nationwide from June 28 through September 2021. This innovative pizza features BBQ flavors, a crispy thin crust, and crunchy Fritos, designed to enhance summertime gatherings. The launch is complemented by a six-week 'Slices of Summer' campaign offering themed promotions and weekly prizes. This partnership aims to create new snack-pizza experiences, appealing to both Fritos' snack lovers and pizza enthusiasts.

Lay's has launched a global initiative, Lay's RePlay, aimed at creating sustainable football pitches using recycled chip packaging. Partnering with the UEFA Foundation and streetfootballworld, this initiative will benefit communities by providing access to sports. The first pitch is set to open in Tembisa, South Africa, with plans for up to five pitches in total across multiple countries, impacting over 16,000 people. The project emphasizes environmental sustainability, with a commitment to a net zero carbon footprint and reduced ecological impact, verified by Good Business.