PEP · News · 20260808N

Capital Return Program

PEPSICO INC · 2026-08-08 · 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.

Key facts

• Avior Wealth Management LLC reduced its PepsiCo stake by 65.1% in the second quarter, selling 10,668 shares and retaining 5,717 shares. source
• Beacon Investment Advisory Services Inc. increased its PepsiCo stake by 17.3% in the second quarter, acquiring 8,374 shares to reach 56,650 shares valued at approximately $7.67 million. source
• Professional Advisory Services Inc. increased its PepsiCo stake by 17% in the second quarter and now holds 194,772 shares valued at $26.4 million. source