On Tuesday, February 3, 2026, the Board of Directors of PepsiCo, Inc. (PEP) announced an annual dividend increase from $5.42 to $5.92 per share, effective with the dividend expected to be paid in June 2026. This represents a 4.23% increase over the prior annual dividend and marks the company’s 54th consecutive annual dividend increase.
In addition to the dividend hike, PepsiCo also announced a new share repurchase program, authorizing the repurchase of up to $10 billion of PepsiCo common stock through February 28, 2030, further reinforcing management’s commitment to shareholder returns.






