PepsiCo Declares Quarterly Dividend
Rhea-AI Summary
PepsiCo (NASDAQ: PEP) has announced a quarterly dividend of $1.4225 per share, representing a 5% increase from the previous year. This aligns with the company's previously announced increase in its annualized dividend from $5.42 to $5.69 per share. The dividend will be paid on June 30, 2025, to shareholders of record as of June 6, 2025.
This declaration marks PepsiCo's 53rd consecutive annual dividend increase, maintaining its impressive track record of paying quarterly cash dividends since 1965.
Positive
- 5% increase in quarterly dividend to $1.4225 per share
- 53rd consecutive annual dividend increase, demonstrating strong financial stability
- Consistent dividend payment history since 1965
- Annualized dividend increase to $5.69 per share from $5.42
Negative
- None.
News Market Reaction
On the day this news was published, PEP gained 0.90%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
About PepsiCo
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated nearly
Guiding PepsiCo is our vision to Be the Global Leader in Beverages and Convenient Foods by Winning with pep+ (PepsiCo Positive). pep+ is our strategic end-to-end transformation that puts sustainability and human capital at the center of how we will create value and growth by operating within planetary boundaries and inspiring positive change for planet and people. For more information, visit www.pepsico.com, and follow on X (Twitter), Instagram, Facebook, and LinkedIn @PepsiCo.
Cautionary Statement Statements in this release that are "forward-looking statements" are based on currently available information, operating plans and projections about future events and trends. Forward-looking statements inherently involve risks and uncertainties. For information on certain factors that could cause actual events or results to differ materially from our expectations, please see PepsiCo's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date they are made. PepsiCo undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact: pepsicomediarelations@pepsico.com
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SOURCE PepsiCo, Inc.