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Share Name | Share Symbol | Market | Type |
---|---|---|---|
PepsiCo Inc | NASDAQ:PEP | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
1.45 | 0.84% | 175.02 | 173.50 | 177.00 | 175.81 | 174.37 | 174.76 | 5,747,539 | 00:00:00 |
By Colin Kellaher
PepsiCo Inc. on Thursday said it will raise its annualized dividend by 7%, effective with the June payout.
The Purchase, N.Y., beverages and snacks giant said it will raise its dividend to $4.09 a year, equal to $1.0225 on a quarterly basis, from the current annual rate of $3.82, or 95 cents quarterly.
The new dividend rate represents an annual yield of about 2.8% based on Wednesday's closing price of $146.08, up from 2.62%.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
February 13, 2020 06:59 ET (11:59 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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