PepsiCo Declares Quarterly Dividend
Rhea-AI Summary
PepsiCo (PEP) has declared a quarterly dividend of $1.355 per share, representing a 7% increase compared to the previous year. The dividend will be paid on March 31, 2025, to shareholders of record as of March 7, 2025.
The company also announced a 5% increase in its annualized dividend to $5.69 per share from $5.42, effective from June 2025. This marks PepsiCo's 53rd consecutive annual dividend increase, maintaining its streak of quarterly cash dividend payments since 1965.
Positive
- Quarterly dividend increased by 7% year-over-year to $1.355 per share
- New 5% dividend increase announced, raising annual payout to $5.69 per share
- 53-year track record of consecutive annual dividend increases
- Consistent quarterly dividend payments maintained since 1965
Negative
- None.
News Market Reaction
On the day this news was published, PEP declined 0.21%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
In addition, on February 4, 2025, PepsiCo announced a 5 percent increase in its annualized dividend to
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.