Pepsico (PEP) dividend history and yield
Dividend summary
- Frequency
- Quarterly
- Trailing 12 months
- $5.81
- Forward yield
- 4.58%
- Payout ratio
- 69.0%
- Growth streak
- 5 years
PepsiCo pays a quarterly dividend of $1.48 per share. Its most recent payment had an ex-date of September 4, 2026 and was paid on September 30, 2026. Over the trailing twelve months, it paid $5.81 per share, a yield of about 4.61% at a share price of $125.89.
PepsiCo has raised its dividend once a year, each time with the payment that goes ex-dividend in June. The rate went from $1.08 to $1.15 in 2022, then to $1.27 in 2023, $1.36 in 2024, $1.42 in 2025 and $1.48 in 2026. The largest step was the 2023 raise of 12 cents, about 10.4%. The two most recent raises were six cents each, roughly 4.2% to 4.4%. Since late 2021, the quarterly rate has grown about 37%, close to 7% a year. Payments by calendar year rose from $4.53 in 2022 to about $5.62 in 2025. The company has now increased its dividend for five consecutive years.
Ex-dates usually fall in early March, June, September and December. The December payment is paid in early January. If the pattern holds, the next payment would go ex-dividend in early December 2026 and be paid in early January 2027.
Dividend per share by year
Dividend history
| Declared | Ex-dividend date | Pay date | Amount |
|---|---|---|---|
| Jul 17, 2026 | Sep 4, 2026 | Sep 30, 2026 | $1.48 |
| May 6, 2026 | Jun 5, 2026 | Jun 30, 2026 | $1.48 |
| Feb 4, 2026 | Mar 6, 2026 | Mar 31, 2026 | $1.42 |
| Nov 19, 2025 | Dec 5, 2025 | Jan 6, 2026 | $1.42 |
| Jul 24, 2025 | Sep 5, 2025 | Sep 30, 2025 | $1.42 |
| May 6, 2025 | Jun 6, 2025 | Jun 30, 2025 | $1.42 |
| Feb 5, 2025 | Mar 7, 2025 | Mar 31, 2025 | $1.36 |
| Nov 19, 2024 | Dec 6, 2024 | Jan 6, 2025 | $1.36 |
| Jul 25, 2024 | Sep 6, 2024 | Sep 30, 2024 | $1.36 |
| Apr 30, 2024 | Jun 7, 2024 | Jun 28, 2024 | $1.36 |
| Feb 7, 2024 | Feb 29, 2024 | Apr 1, 2024 | $1.27 |
| Nov 16, 2023 | Nov 30, 2023 | Jan 5, 2024 | $1.27 |
| Jul 20, 2023 | Aug 31, 2023 | Sep 29, 2023 | $1.27 |
| May 2, 2023 | Jun 1, 2023 | Jun 30, 2023 | $1.27 |
| Feb 1, 2023 | Mar 2, 2023 | Mar 31, 2023 | $1.15 |
| Nov 17, 2022 | Dec 1, 2022 | Jan 6, 2023 | $1.15 |
| Jul 21, 2022 | Sep 1, 2022 | Sep 30, 2022 | $1.15 |
| May 3, 2022 | Jun 2, 2022 | Jun 30, 2022 | $1.15 |
| Feb 2, 2022 | Mar 3, 2022 | Mar 31, 2022 | $1.08 |
| Nov 18, 2021 | Dec 2, 2021 | Jan 7, 2022 | $1.08 |
Frequently asked questions
Does Pepsico (PEP) pay a dividend?
Yes. Pepsico pays a quarterly dividend; the most recent payment was $1.48 per share.
What is PEP's dividend yield?
Pepsico paid $5.81 per share over the trailing twelve months, a yield of 4.58% at the last price of $126.68. Click here to learn more
When is PEP's most recent ex-dividend date?
Pepsico's most recent ex-dividend date is Sep 4, 2026, payable on Sep 30, 2026.
What is the difference between ex and payment dates?
An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more
Has PEP been raising its dividend?
Yes — Pepsico has increased its dividend for 5 consecutive calendar years.
Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.