SPY380.36-1.97 -0.52%
DIA309.45-4.53 -1.44%
IXIC13,192.35+72.96 0.56%

DJ Pepsi Raises Dividend By 7% -- MarketWatch

· 02/04/2021 16:37
For more from MarketWatch: http://www.marketwatch.com/newsviewer

PepsiCo Inc. (PEP) said late Thursday its board of directors declared a quarterly dividend of $1.0225 a share, a 7% increase versus the comparable year-ago period. The dividend is payable on March 31 to shareholders of record at market close on March 5. PepsiCo has paid consecutive quarterly cash dividends since 1965, and in 2020 it had its 48th straight annual dividend increase, the company said. Shares of PepsiCo were down 0.3% in the extended session after ending the regular trading day up 1.2%.

-Claudia Assis

(END) Dow Jones Newswires

February 04, 2021 16:37 ET (21:37 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.