PepsiCo Increases Quarterly Dividend to $1.355, Marking 53 Years of Growth
PepsiCo, Inc. has made a significant move for its shareholders by declaring a quarterly dividend of $1.355 per share. This marks a notable increase of 7% compared to the same period last year, showcasing the company’s consistent commitment to returning value to its investors. With this announcement made on February 5, 2025, PepsiCo continues to build on its previous year’s increase where the annualized dividend rose from $5.06 to $5.42 per share, which started with payments made in June 2024. This dividend will be payable on March 31, 2025, to shareholders on record as of March 7, 2025.
Moreover, on February 4, 2025, PepsiCo also revealed a further increase of 5% to its annualized dividend to $5.69 per share, scheduled to commence with the June 2025 payment. This increase underpins PepsiCo’s long-standing tradition of providing dividends to its shareholders, as the company has been delivering consecutive quarterly cash dividends since 1965. The year 2025 will mark the company’s 53rd consecutive annual dividend increase, an impressive achievement that highlights its long-term stability and growth.
PepsiCo's diverse portfolio, which includes popular brands such as Lay's, Doritos, Gatorade, and Pepsi-Cola, contributes to its robust financial performance. In 2024, the company reported nearly $92 billion in net revenue, reflecting its expansive reach, as its products are consumed more than one billion times a day in over 200 countries and territories.
At the heart of PepsiCo’s business strategy is its vision to become a global leader in beverages and convenient foods while embedding sustainability through its pep+ initiative (PepsiCo Positive). This strategic framework aims to integrate environmental and social responsibility into every aspect of their operations, thereby creating value and growth within planetary boundaries. Through pep+, PepsiCo inspires positive change for both its consumers and the planet.
In summary, PepsiCo's announcement of the quarterly dividend increase signifies not just robust financial health but also the company's ongoing commitment to enriching the shareholder experience. As PepsiCo moves forward, it remains focused on delivering sustainable growth and continues to adapt to the ever-changing market landscape. Investors can look forward to dividends while also positively impacting the environment and society through their association with PepsiCo. For more information on PepsiCo’s initiatives and products, visit their official website at www.pepsico.com or follow them on various social media platforms.