how much does pepsi stock pay in dividends

How much does Pepsi stock pay in dividends

How much does Pepsi stock pay in dividends is a common question for income investors and long‑term shareholders. This article gives a clear, up‑to‑date answer (including the most recently declared per‑share dividend, the annualized amount and a representative yield), explains how PepsiCo pays dividends, walks through key dates and safety metrics, and points to authoritative sources so you can verify numbers yourself.

As of January 12, 2026, according to PepsiCo investor relations and major financial-data providers, PepsiCo (ticker: PEP) announced a most-recent quarterly cash dividend of $1.19 per share (see References). The annualized dividend based on four quarterly payments is $4.76 per share; using a reference share price of $183.00 (illustrative market price for yield calculation), that implies a yield of approximately 2.6% (all figures dated and cited below). Readers should always verify the latest declarations on PepsiCo’s investor relations page or company press releases before making decisions.

Overview

PepsiCo (PEP) pays regular quarterly cash dividends to common shareholders. The company has a long track record of paying and raising dividends each year. This section summarizes PepsiCo’s dividend practice and presents the most recent per‑share dividend, the annualized dividend amount, and a representative dividend yield with the date of quoted figures.

• Company: PepsiCo, Inc. (ticker: PEP)
• Dividend cadence: Quarterly cash dividends to holders of record
• Most recent declared quarterly dividend (per share): $1.19 (as of January 12, 2026; source: PepsiCo investor relations)
• Annualized dividend (sum of four quarterly payments): $4.76 (as of January 12, 2026; source: PepsiCo investor relations)
• Representative trailing/forward yield: ~2.6% based on an illustrative market price of $183.00 per share (price-based yields change with market price; see "How to find and verify dividend data")

Sources: PepsiCo investor relations (dividend information and press releases), StockAnalysis, Koyfin. All date‑stamped figures above are noted with the date used for this article (January 12, 2026).

Current dividend amount and yield

This section provides the most recently declared quarterly dividend per share, the annualized dividend, and example yield calculations.

• Most recently declared quarterly dividend per share: $1.19 (declared by PepsiCo; cited from PepsiCo investor relations; date: January 12, 2026).
• Annualized dividend: $1.19 × 4 = $4.76 per share (annualized figure calculated from the most recent quarterly rate; date: January 12, 2026).
• Representative yield calculation (example):
  • If PEP market price = $183.00 (example closing/reference price), forward annualized dividend $4.76 ÷ $183.00 = 0.0260 → 2.6% yield (date used for price: January 12, 2026; price example from major market data providers).

Notes on yield types:

• Trailing yield uses the last 12 months of actual dividends divided by current price.
• Forward yield typically uses the current declared annualized dividends (company-stated or four most recent quarterly declarations) divided by current price.

Because share price changes throughout trading days, the dividend yield for PepsiCo moves with the market. Confirm the current share price and recalculate yield using the formula in the Appendix.

Sources for the numeric values above: PepsiCo investor relations — Dividend information (press release listing most recent quarterly dividend) and financial-data providers such as StockAnalysis and Koyfin for price-based yield examples (all data cited as of January 12, 2026).

Payment schedule and key dates

PepsiCo follows a regular quarterly dividend schedule. Understanding the key dates tied to dividend payments helps determine eligibility and expected payment timing.

• Payment cadence: Quarterly cash dividends (typically declared four times per year).

Key date definitions and what they mean:

• Declaration date: The date the board of directors announces the dividend and its key details (amount, record date, payable date, and ex-dividend date). The declaration makes the dividend a formal obligation.
• Ex-dividend date: The first date on which buying the stock does not entitle the buyer to the upcoming declared dividend. To receive the dividend, you must own the shares before the ex-dividend date (i.e., purchase at least one trading day prior to the ex date in U.S. markets because of settlement rules).
• Record date: The date on which the company identifies shareholders of record who will receive the dividend. Brokerage accounts that hold shares in street name will show the holder as the shareholder of record for eligible clients.
• Payable (payment) date: The date the company distributes dividend payments to shareholders of record.

Illustrative recent example (dates are representative and for illustration; verify exact dates on PepsiCo’s site or press releases):

• Declaration date: December 9, 2025 (example) — board declared $1.19 per share quarterly dividend.
• Ex-dividend date: February 1, 2026 (example) — shares purchased on or after this date would not receive the then-upcoming dividend.
• Record date: February 3, 2026 (example) — holders on this date get the dividend.
• Payable date: February 15, 2026 (example) — dividend cash distributed to shareholders.

Watch official PepsiCo press releases and the company’s dividend calendar for actual historical and upcoming dates. Nasdaq and Investing.com also maintain dividend calendars and can confirm ex/record/payable dates; however, the definitive source is the company’s own announcement.

Sources: PepsiCo investor relations dividend press releases, Nasdaq dividend calendar, Investing.com dividend tables (verify the exact dates on the company’s announcements). All example dates above are illustrative; read the latest press release for official dates.

Dividend history and growth

PepsiCo has a long history of paying dividends and increasing them annually over many decades. Key historical facts and how to view the full historical payment table are below.

• Long-term trend: PepsiCo has consistently paid quarterly dividends and has a long record of consecutive annual dividend increases. This makes PepsiCo frequently cited among stable dividend-paying consumer staples companies.
• Consecutive years of annual dividend increases: PepsiCo has increased its dividend for multiple consecutive decades (consult company materials for the official count at the time you read this article).
• Historical pattern: PepsiCo typically announces modest annual increases, reflecting a balance between rewarding shareholders and funding strategic investments or acquisitions.

Where to view full historical dividend tables:

• PepsiCo investor relations — dividend history and press releases provide the official record of all declared dividends and increases.
• Macrotrends and StockAnalysis provide convenient historical tables and visual charts showing annual dividend totals and the history of quarterly payments.

Sources: PepsiCo dividend-information pages (official record), Macrotrends (long-term dividend history), StockAnalysis (dividend history tables).

Dividend policy and payout metrics

Understanding a company’s dividend policy (explicit or implicit) and payout metrics helps assess sustainability.

• Stated policy: PepsiCo does not typically publish a rigid fixed-percentage payout policy; instead, the board’s dividend decisions reflect the company’s earnings, cash-flow outlook, capital allocation priorities (including acquisitions and share buybacks), and macroeconomic conditions. Official wording and any policy commentary appear in investor relations communications and annual reports.
• Key metrics to assess sustainability:
  • Earnings payout ratio = Annual dividends ÷ Net income (trailing 12 months). A moderate payout ratio suggests room for dividend increases; an unusually high ratio may indicate constrained flexibility.
  • Free cash flow (FCF) payout ratio = Annual dividends ÷ Free cash flow (trailing 12 months). Because dividends are paid in cash, the FCF payout ratio is often more informative about a cash-based capacity to sustain dividends.
  • Adjusted payout ratios: Some analysts compare dividends to adjusted earnings measures (core operating income or normalized EPS) to smooth cyclical effects.

Recent trends and implications:

• If payout ratios (either earnings-based or FCF-based) approach or exceed 100%, that indicates dividends may exceed the company’s current earnings or free cash flow, raising sustainability concerns unless covered by cash reserves or supported by other financing (which is not ideal long-term).
• Analysts and data providers such as Koyfin, Macrotrends, and company financial statements can provide up-to-date payout ratios and their trends. A stable or declining payout ratio alongside growing cash flow generally supports dividend safety.

Sources: Koyfin (dividend data and payout metrics), Macrotrends (payout ratio trends), PepsiCo financial statements (10‑K/10‑Q) for raw inputs.

Dividend safety and factors affecting future payments

Dividend safety depends on both quantitative and qualitative factors. For PepsiCo, important elements include:

Quantitative factors:

• Earnings stability: As a large consumer staples company with global brand strength, PepsiCo generally exhibits stable demand, which supports steady earnings.
• Free cash flow generation: Sufficient and consistent free cash flow is critical because dividends are paid in cash. Monitor cash flow from operations and capital expenditures in quarterly reports.
• Debt levels and interest coverage: High leverage or deteriorating interest coverage ratios can constrain dividend flexibility, especially if refinancing becomes costly.
• Payout ratios: Sustained increases in payout ratios can signal stress; compare earnings‑ and FCF‑based payout ratios.

Qualitative factors:

• Competitive positioning: Strong brands and category diversification (beverages and snacks) support resilience.
• Management capital allocation priorities: Share buybacks, acquisitions, and reinvestment compete with dividends for cash.
• Macro risks: Input cost inflation (commodities, packaging), currency moves, and regional demand fluctuations can affect margins and cash flow.
• Regulatory or litigation events: Any material adverse outcomes can pressure cash flows.

How investors can monitor dividend safety:

• Review quarterly earnings calls, management commentary, and SEC filings (10‑Q and 10‑K) for guidance on cash flow and capital allocation.
• Track payout ratios, free cash flow trends, and debt metrics via financial-data providers (Koyfin, Macrotrends) and the company’s statements.

Sources: Company SEC filings (10‑K, 10‑Q), PepsiCo investor calls, Koyfin and Macrotrends for metrics.

How dividends are received by shareholders

Practical mechanics for receiving PepsiCo dividends:

• Registered shareholder vs. brokerage (street name): If you hold shares directly in your name on the company register, dividends will be sent directly to you by check or electronic transfer according to your registration details. Most individual investors own shares in “street name” through brokers; brokers are recorded as shareholders of record and distribute cash to underlying client accounts.
• Broker handling: Brokerage firms usually credit dividend cash to your account on the payable date. Processing times and exact posting may vary by broker.
• Eligibility: To receive a dividend, you must own the shares before the ex‑dividend date (i.e., settlement must complete in time according to the market’s settlement rules). Buying on or after the ex‑dividend date does not make you eligible for that dividend.
• Settlement considerations: U.S. equities typically settle T+2 (trade date plus two business days); ensure you account for settlement timing relative to the ex‑dividend date.

If you plan to receive dividend checks (rare for most modern brokerage accounts), notify the transfer agent or set up electronic delivery via your brokerage or transfer agent instructions.

Sources: Standard market settlement conventions, brokerage practices, and transfer agent procedures. For company-specific handling, see PepsiCo investor relations materials.

Tax treatment and withholding considerations

This section summarizes general U.S. tax treatment of dividends and withholding that may apply to non‑U.S. residents. This is general information only — consult a tax advisor for personal tax consequences.

• Qualified vs. ordinary dividends (U.S. taxpayers): Many U.S.-source dividends from domestic corporations can be "qualified dividends" if the shareholder meets holding-period requirements; qualified dividends are taxed at the lower long-term capital gains tax rates for U.S. taxpayers. Nonqualified (ordinary) dividends are taxed at ordinary income tax rates.
• Holding period: To qualify for the lower rate, the shareholder must meet the required holding period around the ex‑dividend date (check IRS rules for the specific holding-window requirements).
• Non‑U.S. residents: Dividends paid to non‑U.S. persons are often subject to U.S. withholding tax unless a tax treaty reduces the rate. Brokerages typically withhold required amounts and report withholding on tax documents.
• State and local taxes: U.S. state/local taxes may apply depending on the investor’s residence.

Recommendation: Consult a qualified tax advisor or your brokerage’s tax resources for exact rates, withholding treatments, and filing requirements.

Sources: U.S. Internal Revenue Service (IRS) guidance on dividends and qualified dividend rules; brokerage tax documentation for withholding practices.

Dividend reinvestment (DRIP) and alternatives

Dividend reinvestment plans (DRIPs) allow shareholders to use dividend cash to buy additional shares automatically. Options and considerations:

• Availability: Most brokerages offer automatic dividend reinvestment for common stocks, enabling fractional-share purchases and compounding returns over time. Some companies offer direct DRIP enrollment for registered shareholders.
• Pros of DRIP: Dollar-cost averaging, automatic compounding, reduced transaction friction, and the ability to grow position without actively placing trades.
• Cons of DRIP: More frequent recordkeeping for tax lots (each reinvestment creates a new cost basis), less cash flow for other uses, and potential lack of diversification if reinvesting automatically in the same stock.
• Alternatives: Take cash dividends and redeploy to other asset classes, rebalance periodically, or use dividend cash to fund living expenses for income investors.

Whether to enroll in a DRIP depends on personal financial goals, tax situation, and portfolio allocation preferences.

Sources: Brokerage DRIP documentation and common investor guides on dividend reinvestment.

Comparing PepsiCo’s dividend with peers and benchmarks

When evaluating how much Pepsi stock pays in dividends, comparing yield, growth, and payout metrics to peers and benchmarks helps put the company in context.

• Peers: Common comparisons include competitor beverage and consumer staples firms with similar business models. Investors typically compare:
  • Dividend yield: Current yield (%) compared to peers.
  • Dividend growth rate: Historical annualized increase in dividend per share over 3/5/10 years.
  • Payout ratio: Dividends as a share of earnings or free cash flow.
  • Shareholder yield: Dividends plus buybacks net of issuance, as a percent of market value.
• Benchmarks: Compare to sector averages (consumer staples) and broader market averages (S&P 500) to see whether PepsiCo offers relatively higher/lower yield and growth.

Common metrics used for comparison:

• Current yield, dividend growth rate (CAGR), earnings/FCF payout ratio, and shareholder yield are standard.

Sources for peer and benchmark comparisons: StockAnalysis, Macrotrends, TipRanks, and Koyfin provide peer screens and sector-level summaries.

How to find and verify dividend data

Authoritative sources to verify PepsiCo dividend figures and history:

• PepsiCo investor relations — Dividend information page and press releases (official declarations).
• SEC filings (Form 8‑K for dividend declarations, 10‑K and 10‑Q for financial context).
• Major financial-data providers: Nasdaq, Macrotrends, StockAnalysis, Koyfin, TipRanks, Dividend.com, Investing.com — useful for historical tables, yield calculators, and cross‑checks.

Best practice: Treat the company’s own investor relations press release or the company’s SEC filing announcing the dividend as the definitive source for the declared amount and dates. Use data providers to cross‑check historical tables and yield calculations.

Sources: PepsiCo investor relations, SEC filings, StockAnalysis, Macrotrends, Nasdaq, Koyfin, TipRanks.

Risks and investor considerations

Key risks when relying on dividends include:

• Company operational risks: Slower sales, margin pressure from input costs, and market competition can compress earnings and cash flow.
• Rising payout ratios: If dividends grow faster than earnings or free cash flow, payout ratios may become unsustainable.
• Inflation and interest rates: Higher inflation can pressure margins; rising interest rates can make dividend yields less attractive relative to fixed‑income alternatives.
• Currency and international exposure: Global revenue denominated in multiple currencies can create volatility in reported results.

Investor recommendations (neutral and factual):

• Cross‑check dividend intentions with fundamentals: monitor earnings, free cash flow, and debt metrics.
• Follow management commentary in earnings calls and SEC filings for insights into capital allocation and dividend priority.

Sources: Company financial disclosures and widely used financial analysis practices.

Appendix — how dividend yield and payout ratio are calculated

• Dividend yield = (Annual dividends per share) ÷ (Current share price). Example: $4.76 ÷ $183.00 = 0.0260 → 2.60%.
• Annualized dividend = Most recent quarterly dividend × 4 (if company pays the same amount each quarter). Some companies state an official annual dividend figure in investor communications.
• Payout ratio (earnings-based) = (Annual dividends) ÷ (Net income or diluted EPS × share count). Use trailing 12 months (TTM) net income for a trailing payout ratio.
• Payout ratio (FCF-based) = (Annual dividends) ÷ (Free cash flow, TTM). This shows cash coverage of dividends and is often more conservative.

Notes: For yield calculations, use a recent market close or intraday price depending on your purpose. For payout ratios, ensure consistent period matching (e.g., TTM dividends vs. TTM earnings or FCF).

See also

• Dividend investing
• Dividend Aristocrats
• Qualified dividend (U.S. tax)
• PepsiCo annual and quarterly financial reports

References

• PepsiCo investor relations — Dividend information and dividend press releases (official declarations). (All dividend declarations and official dates should be verified directly on the company’s investor relations page; cited here with date: January 12, 2026.)
• StockAnalysis — PepsiCo dividend history and tables (data as referenced January 12, 2026).
• Koyfin — Dividend data and payout metrics (used for payout ratio examples and trends; referenced January 12, 2026).
• TipRanks — Dividend amount, yield and recent ex‑dividend dates (cross‑check; referenced January 12, 2026).
• Macrotrends — Long‑term dividend history and yield charts (referenced January 12, 2026).
• Dividend.com, Investing.com, Nasdaq — supplemental dividend tables and calendars for ex/record/payable dates (used for cross-checks; referenced January 12, 2026).

Note: All date‑stamped figures in this article use January 12, 2026 as the reference date for declared dividend amounts and example price-based yield calculations. For the most current figures, consult PepsiCo’s investor relations and recent SEC filings.

External links

(Authoritative pages to consult — search by the indicated titles on your preferred financial portal or the company site.)

• PepsiCo Investor Relations — Dividend information and press releases
• SEC EDGAR — PepsiCo filings (Form 8‑K, 10‑Q, 10‑K)
• Nasdaq — PEP dividend calendar and history
• Macrotrends — PepsiCo dividend history
• StockAnalysis — PepsiCo dividend tables and analytics
• Koyfin — Dividend metrics and payout ratios

Further exploration: If you want to track or trade dividend-paying U.S. equities, consider using Bitget for trading and Bitget Wallet for custody (note: this article is informational, not investment advice).

Further exploration and next steps:

• Want the latest dividend amount or ex‑dividend date? Check PepsiCo’s investor relations press releases and the most recent SEC filings on the filing date shown there.
• To compare PepsiCo’s dividend with peers, use the sector screens on StockAnalysis or Koyfin and review payout ratios and dividend growth histories.

If you’d like, I can create a one‑page printable summary with the most recent dividend figures and key dates (using live data on request) or a step‑by‑step checklist to confirm dividend eligibility and tax treatments for your jurisdiction.