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Data last updated: Oct 16, 2026
Snapshot (as of Oct 16, 2026): PepsiCo, Inc. (PEP) pays a $5.81 annual dividend ($1.48 quarterly), yielding 4.61% at $130.78/share. Next ex-dividend date 2026-09-04. 27 consecutive years of dividend growth (Dividend Aristocrat). Source: Yahoo Finance, aggregated by MerryDiv.
Dividend Yield: 4.61%
Annual Dividend: $5.81 per share
Payout Ratio: 73.0%
Ex-Dividend Date: 2026-09-04
Dividend Frequency: quarterly
Sector: Consumer Defensive
Years of Dividend History: 55
PepsiCo, Inc. dividend income comes from one of the most recognized food and beverage companies in the world, spanning chips, cereals, and beverages sold across six global segments. The current yield sits at 4.7%, paid quarterly, with trailing twelve-month payments totaling $5.8050 per share. The next ex-dividend date is September 4, 2026. A beta of 0.364 makes PEP stock notably low-volatility, which suits income-focused investors who prioritize price stability alongside yield. PEP is a Dividend Aristocrat, having raised its payout for 27 consecutive years.
PepsiCo, Inc. pays out 73.0% of earnings as dividends, a payout ratio classified as elevated (60–75%). That level is supported by the company's broad product portfolio spanning beverages, snacks, and convenient foods sold through grocery stores, mass merchandisers, and e-commerce platforms globally, all of which generate recurring consumer demand. PepsiCo, Inc. dividend safety hinges on that demand holding steady, because at 73.0%, there is limited room to absorb a meaningful earnings decline before the payout comes under pressure.
PepsiCo, Inc. dividend history shows a CAGR of 7.6% per year from 2011 to 2025. The per-share annual dividend grew from $2.0250 to $5.6225 over that period (2026 data is partial and excluded from the CAGR calculation). The smallest annual increase in the window was 5.0% in 2012, and the largest was 13.3% in 2018. For income investors, 7.6% annualized growth means the dividend has roughly doubled every decade, which meaningfully compounds yield on cost over time.
| Period | CAGR | From | To |
|---|---|---|---|
| 3-Year | +7.5% | $4.53 (2022) | $5.62 (2025) |
| 5-Year | +6.9% | $4.02 (2020) | $5.62 (2025) |
| 10-Year | +7.4% | $2.76 (2015) | $5.62 (2025) |
PEP stock fits income-focused investors who want a high current yield paired with a long, unbroken record of annual increases. The yield of high (above 4%) stands well above PEP's own 5-year average of 3.03%, which reflects a more attractive entry point on a historical basis. As a Dividend Aristocrat with 27 consecutive years of increases, PepsiCo, Inc. has demonstrated a clear commitment to growing the payout. The trade-off is a 73.0% payout ratio that leaves less cushion than lower-yielding peers, so the income is meaningful but not without constraint.
PEP is a Dividend Aristocrat with 27 consecutive years of dividend increases.
| Payment Date | Amount per Share |
|---|---|
| 2026-09-04 | $1.4800 |
| 2026-06-05 | $1.4800 |
| 2026-03-06 | $1.4225 |
| 2025-12-05 | $1.4225 |
| 2025-09-05 | $1.4225 |
| 2025-06-06 | $1.4225 |
| 2025-03-07 | $1.3550 |
| 2024-12-06 | $1.3550 |
| 2024-09-06 | $1.3550 |
| 2024-06-07 | $1.3550 |
| Year | Total Dividends |
|---|---|
| 2026 | $4.3825 |
| 2025 | $5.6225 |
| 2024 | $5.3300 |
| 2023 | $4.9450 |
| 2022 | $4.5250 |
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