PepsiCo will make the dividend payment early next year

PepsiCo will make the dividend payment early next year

PepsiCo has confirmed details of its latest dividend payment.

The soft drinks giant said late last week that it will pay a quarterly dividend of US$0.48 per share on its common stock.

The payment will be made on 3 January to shareholders of record on 3 December, the company said. “This quarterly dividend is a 7% increase versus the comparable year-earlier period,” PepsiCo said.

PepsiCo was linked last week to speculation suggesting that Danone is mulling the divestment of its water business, which includes the Evian and Volvic brands.