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PepsiCo (NASDAQ: PEP) is a well-known company and most investors probably have a good understanding of what it does. Right now, the dividend yield on PepsiCo stock is a historically high 3.6% ...
What does PepsiCo do? Given the company's name, PepsiCo often gets looked at as a beverage company. This isn't wrong, as it does produce a broad range of beverages along with its namesake brand.
Data by YCharts.. Why buy PepsiCo right now? The big reason why a dividend growth investor would want to buy PepsiCo today is that its yield is near historical highs at roughly 3.6%.
Enrico became CEO of Frito-Lay in 1991, followed by vice chair of PepsiCo in 1994. [3] [4] Enrico was the Chairman of PepsiCo from 1996 to 2001, and Chairman of DreamWorks Animation SKG Inc from 2004 to 2012. [5] [6] He was well known for his business rivalry with fellow businessman Roberto Goizueta, CEO of Coca-Cola during his tenure as Pepsi ...
[citation needed] He joined PepsiCo in 1970 where he rose to the position of CEO of PepsiCo International in 1982. In 1985 Commodore, an early producer of home computers, hired Rattigan as COO intending to prepare him to become CEO (competitor Apple Computer had hired Pepsi president John Sculley in 1983).
He headed up Pepsi's international operation in 1957 and became the CEO in 1963. [1] In 1963, he made the decision to change the name of Pepsi's diet soda from Patio Diet Cola to Diet Pepsi. In the early years of diet soft drinks, Pepsi became the first major soda manufacturer to give its diet product the same name as its flagship product. [3]
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Early on, Pepsi struggled with financial stability, going bankrupt in 1923 but was subsequently purchased and revived by Charles Guth, who reformulated the syrup. Pepsi gained popularity with the introduction of a 12-ounce bottle during the Great Depression and clever marketing strategies like the " Nickel, Nickel " jingle, doubling sales by ...