PepsiCo, Inc. (NASDAQ:PEP) Plans Quarterly Dividend of $1.42

PepsiCo, Inc. (NASDAQ:PEP) announced a quarterly dividend on Wednesday, February 4th. Stockholders of record on Friday, March 6th will be given a dividend of 1.4225 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Friday, March 6th.

PepsiCo has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend every year for the last 54 years. PepsiCo has a payout ratio of 68.1% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect PepsiCo to earn $8.84 per share next year, which means the company should continue to be able to cover its $5.69 annual dividend with an expected future payout ratio of 64.4%.

PepsiCo Price Performance

Shares of PepsiCo stock opened at $166.19 on Thursday. The business’s 50 day simple moving average is $146.83 and its two-hundred day simple moving average is $145.95. PepsiCo has a one year low of $127.60 and a one year high of $167.94. The stock has a market capitalization of $227.23 billion, a P/E ratio of 27.68, a price-to-earnings-growth ratio of 5.35 and a beta of 0.40. The company has a debt-to-equity ratio of 2.06, a current ratio of 0.85 and a quick ratio of 0.72.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $2.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The business had revenue of $29.34 billion for the quarter, compared to the consensus estimate of $28.96 billion. During the same period in the previous year, the firm earned $1.96 EPS. The company’s quarterly revenue was up 5.6% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Analysts forecast that PepsiCo will post 8.3 EPS for the current year.

Institutional Trading of PepsiCo

A number of large investors have recently made changes to their positions in the stock. JCIC Asset Management Inc. purchased a new position in shares of PepsiCo during the third quarter valued at $27,000. MH & Associates Securities Management Corp ADV acquired a new stake in shares of PepsiCo in the 4th quarter worth $29,000. Evolution Wealth Management Inc. acquired a new position in PepsiCo during the 2nd quarter valued at about $27,000. Imprint Wealth LLC purchased a new stake in PepsiCo in the third quarter valued at about $31,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new stake in PepsiCo in the fourth quarter worth about $33,000. 73.07% of the stock is owned by hedge funds and other institutional investors.

About PepsiCo

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.