Pepsico's most recent quarterly cash dividend of $1.265 per share was issued to shareholders on record before Feb 29, 2024. The payout stands at $5.06 per share annually, which works out to a dividend yield of 2.86%.
Pepsico's dividend yield of 2.86% is above the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 2.29%, Pepsico's dividend yield is 25% higher. The current dividend yield is similar to the historical average of 2.8% of the last 5 years.
Pepsico has been paying dividends for the last 30 years. According to our data PEP has distributed four quarterly dividends in the past year. The annualized dividend per share has increased by 10% for the last twelve months. And since the stock price has gone down by 7% from a year ago, the dividend yield has increased by 18%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Feb 29, 2024 | Apr 1, 2024 | Feb 7, 2024 | $1.265 | normal |
| Nov 30, 2023 | Jan 5, 2024 | Nov 16, 2023 | $1.265 | normal |
| Aug 31, 2023 | Sep 29, 2023 | Jul 20, 2023 | $1.265 | normal |
| Jun 1, 2023 | Jun 30, 2023 | May 2, 2023 | $1.265 | normal |
| Mar 2, 2023 | Mar 31, 2023 | Feb 1, 2023 | $1.15 | normal |
| Dec 1, 2022 | Jan 6, 2023 | Nov 17, 2022 | $1.15 | normal |
| Sep 1, 2022 | Sep 30, 2022 | Jul 21, 2022 | $1.15 | normal |
| Jun 2, 2022 | Jun 30, 2022 | May 3, 2022 | $1.15 | normal |
| Mar 3, 2022 | Mar 31, 2022 | Feb 2, 2022 | $1.075 | normal |
| Dec 2, 2021 | Jan 7, 2022 | Nov 18, 2021 | $1.075 | normal |
| Sep 2, 2021 | Sep 30, 2021 | Jul 15, 2021 | $1.075 | normal |
| Jun 3, 2021 | Jun 30, 2021 | May 4, 2021 | $1.075 | normal |
| Mar 4, 2021 | Mar 31, 2021 | Feb 4, 2021 | $1.023 | normal |
| Dec 3, 2020 | Jan 7, 2021 | Nov 19, 2020 | $1.023 | normal |
| Sep 3, 2020 | Sep 30, 2020 | Jul 15, 2020 | $1.023 | normal |
| Jun 4, 2020 | Jun 30, 2020 | May 5, 2020 | $1.023 | normal |
| Mar 5, 2020 | Mar 31, 2020 | Feb 10, 2020 | $0.955 | normal |
| Dec 5, 2019 | Jan 7, 2020 | Nov 14, 2019 | $0.955 | normal |
| Sep 5, 2019 | Sep 30, 2019 | Jul 11, 2019 | $0.955 | normal |
| Jun 6, 2019 | Jun 28, 2019 | Apr 30, 2019 | $0.955 | normal |
| Feb 28, 2019 | Mar 29, 2019 | Feb 13, 2019 | $0.928 | normal |
| Dec 6, 2018 | Jan 7, 2019 | Nov 15, 2018 | $0.928 | normal |
| Sep 6, 2018 | Sep 28, 2018 | Jul 13, 2018 | $0.928 | normal |
| May 31, 2018 | Jun 29, 2018 | May 1, 2018 | $0.928 | normal |
| Mar 1, 2018 | Mar 30, 2018 | Feb 5, 2018 | $0.805 | normal |
Pepsico's payout ratio of 75.7% is above the Consumer Defensive sector and the industry average. Compared to its Consumer Defensive sector average of 42.2%, Pepsico's payout ratio is 79% higher.
| Name | Dividend yield | DPS | Payout ratio |
|---|---|---|---|
| K Kellogg Co | 3.97% | $2.31 | 83.1% |
| KO Coca Cola Co | 3.02% | $1.87 | 75.2% |
| PEP Pepsico Inc | 2.87% | $5.06 | 75.7% |
| MDLZ Mondelez International Inc | 2.35% | $1.66 | 45.6% |
Yes, Pepsico has paid four dividends in the last twelve months. PEP has been paying dividends since 1994.
At this point we don't have a record of PEP's next dividend date, but based on the current dividend schedule we project that it will likely be in May 2024.
Pepsico's last dividend ex-date was on Feb 29, 2024. The dividend amount was $1.265 per share.
PEP has paid dividend of $5.06 per share in the last year.
Currently Pepsico's dividend yield is 2.86%.
Pepsico pays four dividends per year.
Pepsico's dividend payout ratio is 75.7%.
Pepsico's dividend yield is above the Consumer Defensive sector average.