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

The company said yesterday (8 October) that its next quarterly dividend will come in at US$0.18 per share of common stock.

The payment will be made on 4 January next year, to shareholders of record on 4 December.

Earlier this week, Pepsi Bottling Group, which is set to be swallowed up by PepsiCo later this year, posted an increase in net profits for the third quarter of 2009.