PepsiCo Raises Dividend
PepsiCo will raise its quarterly dividend from $1.075 to $1.15, a seven percent increase. The dividend is payable June 30, 2022 to shareholders of record as of June 3, 2022.
The annual dividend will now be $4.60 per share.
The dividend increases coupled with its price appreciation make PepsiCo is a premier growth stock. It is a great core holding for a long-term buy-and-hold stock portfolio.
Posted May 7, 2022