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

PepsiCo, Inc. (NASDAQ:PEP) declared a quarterly dividend on Friday, July 17th. Shareholders of record on Friday, September 4th will be paid a dividend of 1.48 per share on Wednesday, September 30th. This represents a c) annualized dividend and a 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%annually over the last three years and has increased its dividend every year for the last 54 years. PepsiCo has a payout ratio of 70.8% indicating that its dividend is sufficiently covered by earnings. Research 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 Trading Down 0.4%

NASDAQ PEP opened at $139.79 on Wednesday. The firm’s fifty day moving average is $139.80 and its two-hundred day moving average is $149.00. PepsiCo has a one year low of $133.73 and a one year high of $171.48. The company has a debt-to-equity ratio of 1.91, a quick ratio of 0.74 and a current ratio of 0.93. The firm has a market cap of $190.80 billion, a PE ratio of 18.32, a P/E/G ratio of 3.08 and a beta of 0.35.

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

PepsiCo Company Profile

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.