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A fizzy dividend play. These days, PepsiCo doles out a quarterly dividend of just under $1.36 per share. Annualized, that figure is $5.42 per share, which produces a dividend yield of almost 3.2% ...
Here's a company that prioritizes dividends for its shareholders.
Passive income investors are right to consider adding PepsiCo (NASDAQ: PEP) stock to their portfolios. *Stock prices used were the afternoon prices of Oct. 11, 2024. The video was published on Oct ...
PepsiCo (NASDAQ: PEP) has been a lackluster investment over the past three years. Its stock only rose 9% and delivered a total return of 19% after including its reinvested dividends. In comparison ...
On April 20, 2009, PepsiCo offered to buy the remaining portion of PepsiAmericas, at an offer of $23.27 – or $11.64 plus 0.223 PepsiCo shares – in exchange for each PepsiAmericas share. [1] In August 2009, PepsiCo also made an offer for Pepsi Bottling Group , the world's largest bottler of Pepsi-Cola products.
On August 3, 2021, PepsiCo announced that they would sell a majority stake in Tropicana, Naked Juice, and other juice brands to PAI Partners for $3.3 billion, to concentrate on their healthy snack foods and zero-calorie beverages. They would retain a 39% stake in the new joint-venture company and have exclusive distribution rights to the brands ...
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 ...
PepsiCo is an interesting stock, even if you are not focused on passive income.