PepsiCo will pay shareholders US$0.515 per common share

PepsiCo will pay shareholders US$0.515 per common share

PepsiCo has confirmed details of its latest dividend payment.

The US soft drinks firm said yesterday (17 November) that it will pay shareholders US$0.515 per common share for its most recent fiscal quarter. Shareholders registered on 2 December will receive the payment on 3 January.

The dividend is a 7% increase versus the comparable period last year.

Last month, PepsiCo recorded an increase in third-quarter profits driven by top-line gains in its snacks and drinks divisions. It also reaffirmed its full-year earnings guidance.