PEP · News · 20260806N

Capital Return Program

PEPSICO INC · 2026-08-06 · Importance 13 · Surprise 6

PepsiCo declared a quarterly dividend of $1.48 per share following its second-quarter 2026 results. The dividend implies an annualized yield of approximately 4.3% based on reported market prices. Third-party analysis estimated the payout at roughly 90% of core earnings and 100% of free cash flow, while improved international growth, productivity gains, and cash-flow conversion were cited as factors supporting dividend sustainability.

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