US: PepsiAmericas releases dividend details

Author: just-drinks.com editorial team | 6 November 2006

PepsiAmericas has unveiled details of its quarterly dividend.

The US-based bottler said late last week that it will pay shareholders US$0.125 per share on its common stock.

The payment will be made on 2 January to shareholders of record on 15 December, the company said, noting that its board reviews the dividend policy on a quarterly basis.

In July, the company, which is the world's second largest bottler of Pepsi products, posted an 11% slide in operating income for the first six months of this year. The company blamed the slip on high figures a year earlier thanks to a court settlement in the period.

PepsiAmericas has operations in 19 US states, Central Europe and the Caribbean.

Sectors: Soft drinks, Water

Companies: PepsiAmericas