PEP · News · 20260930N

Capital Return Program

PEPSICO INC · 2026-09-30 · Importance 34 · Surprise 42

PepsiCo raised its annual dividend to $5.92 per share on July 17, 2026. The increase represented the company’s 54th consecutive annual dividend increase. A $10,000 PepsiCo investment would generate approximately $461 in annual dividend income at the new payout. Reported net income declined significantly because of non-cash write-downs, while the company is targeting 80% free-cash-flow conversion to support future dividends.

Key facts

• PepsiCo has an 80% free cash flow conversion target that investors are advised to monitor for future dividend safety. source
• A $10,000 stake in PepsiCo stock would generate about $461 in annual dividend income at the new $5.92 payout. source
• The July 17, 2026 raise marked PepsiCo's 54th consecutive annual dividend increase. source