The FINANCIAL — The Board of Directors of PepsiCo, Inc. on May 5 declared a quarterly dividend of $0.7025 per share of PepsiCo common stock, a 7.3 percent increase versus the comparable year-earlier period.
The dividend is payable on June 30, 2015 to shareholders of record as of June 5, 2015. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2015 marks the company’s 43rd consecutive annual dividend increase, according to PepsiCo.
Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to $2.81 per share from $2.62 per share, beginning with the June 2015 payment.
Over the past ten years, PepsiCo has returned over $60 billion to shareholders in the form of dividends and share repurchases. The company expects to return $8.5 to $9 billion to shareholders in the form of dividends and share repurchases in 2015.