The Board of Directors of PepsiCo, Inc. today declared a quarterly dividend of $1.075 per share of PepsiCo common stock, a 5 percent increase versus the comparable year-earlier period.
Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to $4.30 per share from $4.09 per share, which will begin with the June 2021 payment.
This dividend is payable on June 30, 2021, to shareholders of record at the close of business on June 4, 2021. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2021 marks the company’s 49th consecutive annual dividend increase.
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 more than $70 billion in net revenue in 2020, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker, Tropicana and SodaStream.
PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 23 brands that generate more than $1 billion each in estimated annual retail sales.