US: PBG announces dividend payment

By just-drinks.com editorial team | 17 July 2008

The Pepsi Bottling Group has confirmed details of its latest dividend payment.

The Pepsi-Cola manufacturer, seller and distributor said yesterday (16 July) that its next quarterly dividend of US$0.17 per share will be paid on 30 September to shareholders of record on 5 September.

Earlier this month, the company reported a 12% year-on-year rise in net profit for the three months to 14 June to US$174m. The increase came on the back of a 5% rise in sales in value terms to $3.52bn in the period, despite a 3% dip in sales volumes. Operating profit was also up, at $350m from $338m.

Sectors: Soft drinks, Water

Companies: The Pepsi Bottling Group, Pepsi-Cola