PepsiCo Declares Fresh Dividend

PepsiCo Declares Fresh Dividend

There's still plenty of fizz left in PepsiCo's payouts. The food-and-drinks conglomerate has declared its latest dividend, which will be $0.5675 per share, paid on Sept. 30 to shareholders of record as of Sept. 6. That amount matches both of the company's previous distributions, the most recent of which was paid at the end of last month. Before that, PepsiCo was less generous by three cents, handing out $0.5375 per share.

The just-declared dividend annualizes to $2.27 per share. That yields 2.6% at PepsiCo's most recent closing stock price of $86.41.

The company is scheduled to discuss its Q2 results in a conference call at 8 a.m. Eastern time next Wednesday.

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