Yesterday the Board of Directors of PepsiCo Inc. announced a quarterly dividend increase of from $0.655 to $0.7025 per share that’s payable June 30, 2015 to holders of record June 5, 2015. This represents a 7.3% increase to regular quarterly dividends. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2015 marks the company's 43rd consecutive annual dividend increase. With current price $95.42 (Yesterday's close), this raise brings their dividend yield to 2.94%.
Since I own 100 shares, this will increase my portfolio's projected annual net dividend income by $14.16.
That increase rises my YOC to 3.61%.
Click here
to see my portfolio holdings.
You can follow the development of my dividends here.
Congrats on the Dividend raise Dividend Hawk. I wished I've bought Pepsi when I looked at it at 72$ per share. Now it's at 95. Damn. You live you learn. Keep up the hustle and cheers to us! Thanks for sharing.
ReplyDeleteHello, Thank you for letting me know this great news. Coincidentally, my YOC will increase to 3.61% as well. The thing is that I need to have more solid stocks like PEP.
ReplyDeleteCongrats on the Dividend raise, Dividend Hawk. Good news!
ReplyDelete