PR Newswire
PURCHASE, N.Y., Feb. 13, 2019
PURCHASE, N.Y., Feb. 13, 2019 /PRNewswire/ -- The Board of
Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $0.9275 per share
of PepsiCo common stock, a 15.2 percent increase versus the comparable year-earlier period. Today's action is consistent
with PepsiCo's previously announced increase in its annualized dividend to $3.71 per share from
$3.22 per share, which began with the June 2018 payment. This
dividend is payable on March 29, 2019 to shareholders of record at the close of business on
March 1, 2019. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2018 marked
the company's 46th consecutive annual dividend increase.
About PepsiCo
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories
around the world. PepsiCo generated more than $63 billion in net revenue in 2017, driven by a
complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo's product
portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales.
At the heart of PepsiCo is Performance with Purpose – our fundamental belief that the success of our company is inextricably
linked to the sustainability of the world around us. We believe that continuously improving the products we sell, operating
responsibly to protect our planet and empowering people around the world enable PepsiCo to run a successful global company that
creates long-term value for society and our shareholders. For more information, visit www.pepsico.com.
Cautionary Statement
Statements in this release that are "forward-looking statements" are based on currently available information, operating plans
and projections about future events and trends. Forward-looking statements inherently involve risks and uncertainties. For
information on certain factors that could cause actual events or results to differ materially from our expectations, please see
PepsiCo's filings with the Securities and Exchange Commission, including its most recent annual report on Form 10-K and
subsequent reports on Forms 10-Q and 8-K. Investors are cautioned not to place undue reliance on any such forward-looking
statements, which speak only as of the date they are made. PepsiCo undertakes no obligation to update any forward-looking
statements, whether as a result of new information, future events or otherwise.
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SOURCE PepsiCo, Inc.