Soft drinks giant PepsiCo is to pay a quarterly dividend of $0.425 per share on common stock.

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The dividend is payable on 2 January 2009 to shareholders of record on 5 December, PepsiCo announced on Friday (14 November).


PepsiCo said in October that it would “eliminate” 3,300 jobs from its global operations.


Net earnings for the three months ended 30 September fell to $1.58bn, down from $1.74bn during the same period last year. Net income for the first nine months of 2008 crept up 1% to $4.4bn.

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