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PepsiCo declares quarterly dividend of $1.075 per share of common stock
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Saturday, 08 May, 2021, 08 : 00 AM [IST]
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New York, USA
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The Board of Directors of PepsiCo, Inc., declared a quarterly dividend of $1.075 per share of the company’s common stock, a 5 per cent increase versus the comparable year-earlier period.
This action is consistent with the company’s previously announced increase in its annualised 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. The company has paid consecutive quarterly cash dividends since 1965, and 2021 marks the company's 49th consecutive annual dividend increase.
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