Tuesday, February 13, 2018

Dividend Increase – PepsiCo, Inc. (PEP)

Today The Board of Directors of PepsiCo, Inc announced a 15 percent increase in its annualized dividend per share to $3.71 from $3.22 per share, effective with the dividend expected to be paid in June 2018. This represents the Company’s 46th consecutive annual dividend per share increase. Total dividends to shareholders are expected to be approximately $5 billion and share repurchases are expected to be approximately $2 billion.

The Company also announced a new share repurchase program providing for the repurchase of up to $15 billion of PepsiCo common stock commencing on July 1, 2018 and expiring on June 30, 2021. This will replace the $12 billion repurchase program which commenced on July 1, 2015 and expires on June 30, 2018.

With current price $ 112.00 (today's open), this raise brings their dividend yield to 3.31%. 

Since I own 100 shares of PEP, this will increase my portfolio's projected annual net dividend income by $ 36.51.

That increase rises my YOC to 4.77%. 

Click here to see my portfolio holdings.

You can follow the development of my dividends here.

Full Disclosure: Long PEP 

Thanks for stopping by!


  1. Loved seeing that increase from PepsiCo. Wasn't expecting 15% at all so that was fantastic news for me.

  2. Nice dividend increase. The share buyback should bump the price too.

  3. Hawk,

    Loving this post, I wouldnt have known, so thank you! This year has been some year for div growth!


  4. Wow! Twice as much as I hoped for! Loving this year so far!