PURCHASE, N.Y., Feb. 5, 2025
/PRNewswire/ -- The Board of Directors of PepsiCo, Inc.
(NASDAQ: PEP) today declared a quarterly dividend of
$1.355 per share of PepsiCo common
stock, a 7 percent increase versus the comparable year-earlier
period. Today's action is consistent with PepsiCo's prior year,
previously announced increase in its annualized dividend to
$5.42 per share from $5.06 per share, which began with the
June 2024 payment. This dividend is
payable on March 31, 2025 to
shareholders of record at the close of business on March 7, 2025.
In addition, on February 4, 2025,
PepsiCo announced a 5 percent increase in its annualized dividend
to $5.69 per share from $5.42 per share, which is expected to begin with
the June 2025 payment. PepsiCo has
paid consecutive quarterly cash dividends since 1965, and 2025
marked the company's 53rd consecutive annual dividend
increase.
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 $92
billion in net revenue in 2024, driven by a complementary
beverage and convenient foods portfolio that includes Lay's,
Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, and
SodaStream. PepsiCo's product portfolio includes a wide range of
enjoyable foods and beverages, including many iconic brands that
generate more than $1 billion each in
estimated annual retail sales.
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.
