US: PepsiCo announces dividend increase

By | 7 May 2008

The board of directors of PepsiCo today (7 May) declared an increase in the annual dividend, from the current $1.50 to $1.70 per share on PepsiCo common stock.

The quarterly dividend of $0.425 is payable on 30 June to shareholders of record on 6 June.

"We are pleased to reward shareholders with our thirty-sixth annual dividend increase, continuing our track record of strong performance," said PepsiCo chairman and CEO Indra Nooyi. "The dividend reflects our continued commitment to maximise the value of our shareholders' investment and our confidence in the future growth of our business."

Sectors: Soft drinks, Water

Companies: PepsiCo

View next/previous articles

Currently reading -

US: PepsiCo announces dividend increase

There are currently no comments on this article

Be the first to comment on this article

Related articles

COMMENT: Bottled water hit by the crunch

Branded bottled water looks like the early victim in the global economic downturn, following results from big hitters Nestle and Danone last week.

US: Price rises boost PepsiAmericas in Q3

Higher drinks prices lifted net earnings and sales for PepsiAmericas in its third quarter, the soft drinks bottler has said.

View from A Farr – Soft drinks and obesity: Industrial action

Childhood obesity is already a chronic problem and is forecast to escalate further during the next few decades. Soft drinks are frequently cited as one of the dietary villains behind this worrying trend, but Annette Farr believes voluntary measures taken by drinks companies on both sides of the Atlantic demonstrate the industry's commitment to tackling the problem.

just-drinks tagline

Not a member? Join here

Decrease font sizeDecrease font sizeDecrease font size Increase font sizeIncrease font sizeIncrease font size Comment on this article Email this to a friend Print this page