PepsiCo announces plans to raise dividend and increase cash returns to shareholders

  • PepsiCo plans to raise its dividend by 7% later this year
  • The annualized dividend will increase to $5.42 from $5.06
  • The increased dividend represents an annual yield of about 3.12%
  • PepsiCo expects to pay about $7.2 billion in dividends this year
  • Total cash returns to shareholders will be around $8.2 billion

PepsiCo, the beverages and snacks giant, has announced its plan to raise its dividend by 7% later this year. The annualized dividend will increase from $5.06 to $5.42, or $1.265 to $1.355 on a quarterly basis, effective with the June payout. This increase represents an annual yield of about 3.12%, up from 2.91%. With approximately 1.37 billion shares outstanding and a market capitalization of nearly $236 billion, PepsiCo expects to pay about $7.2 billion in dividends this year. Additionally, the company plans to buy back $1 billion in stock, bringing the total cash returns to shareholders to around $8.2 billion.

Public Companies: PepsiCo (PEP)
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Factuality Level: 10
Justification: The article provides factual information about PepsiCo’s plans to raise its dividend by 7% later this year. It includes specific details about the increase in the annualized dividend, the quarterly basis, and the expected cash returns to shareholders. There is no irrelevant or misleading information, sensationalism, redundancy, opinion masquerading as fact, digressions, unnecessary background information, tangential details, misleading information, disinformation, propaganda, poorly researched or inaccurately reported news, exaggerated or overly dramatic reporting, repetitive information, bias or personal perspective, invalid arguments, logical errors, inconsistencies, fallacies, faulty reasoning, false assumptions, or incorrect conclusions.

Noise Level: 8
Justification: The article provides information about PepsiCo’s plan to raise its dividend by 7% and the expected cash returns to shareholders. However, it lacks analysis, evidence, or insights on long-term trends, antifragility, accountability, or scientific rigor. It also does not provide actionable insights or solutions for the reader.

Financial Relevance: Yes
Financial Markets Impacted: PepsiCo

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to PepsiCo’s financial plans to raise its dividend and provide cash returns to shareholders. There is no mention of any extreme event.

Reported publicly: www.marketwatch.com