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.
The article PepsiCo Declares Fresh Dividend originally appeared on Fool.com.Fool contributor Eric Volkman has no position in PepsiCo. The Motley Fool recommends and owns shares of PepsiCo. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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