PepsiCo Declares Quarterly Dividend

By Dave Simpson
PepsiCo Declares Quarterly Dividend

The board of directors of PepsiCo, Inc., has declared a quarterly dividend of $1.0225 per share of PepsiCo common stock, which is a 7% increase versus the comparable year-earlier period.

"Consistent With PepsiCo's Previously Announced Increase"

PepsiCo stated, "[This] action is consistent with PepsiCo's previously announced increase in its annualised dividend to $4.09 per share from $3.82 per share, which began with the June 2020 payment."

"Payable On March 31"

PepsiCo continued, "This dividend is payable on March 31, 2021, to shareholders of record at the close of business on March 5, 2021."

"48th Consecutive Annual Dividend Increase"

PepsiCo added, "PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2020 marked the company's 48th consecutive annual dividend increase."

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