PepsiCo, Inc. to Issue Quarterly Dividend of $1.48 (NASDAQ:PEP)

PepsiCo, Inc. (NASDAQ:PEP) declared a quarterly dividend on Friday, July 17th. Shareholders of record on Friday, September 4th will be given a dividend of 1.48 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Friday, September 4th.

PepsiCo has raised its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 54 consecutive years. PepsiCo has a dividend payout ratio of 70.8% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect PepsiCo to earn $8.99 per share next year, which means the company should continue to be able to cover its $5.92 annual dividend with an expected future payout ratio of 65.9%.

PepsiCo Stock Performance

Shares of NASDAQ:PEP opened at $139.79 on Wednesday. The company has a current ratio of 0.93, a quick ratio of 0.74 and a debt-to-equity ratio of 1.91. The company has a market cap of $190.80 billion, a price-to-earnings ratio of 18.32, a price-to-earnings-growth ratio of 3.08 and a beta of 0.35. PepsiCo has a 12 month low of $133.73 and a 12 month high of $171.48. The company has a 50-day moving average price of $139.80 and a 200-day moving average price of $149.00.

PepsiCo (NASDAQ:PEP) last announced its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a return on equity of 54.63% and a net margin of 10.78%.The company had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same quarter in the previous year, the business earned $0.92 EPS. PepsiCo’s revenue was up 6.4% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, equities analysts anticipate that PepsiCo will post 8.57 EPS for the current year.

About PepsiCo

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.