PepsiCo (PEP) Dividend History & Yield
PepsiCo (PEP) has increased its dividend for 54 consecutive years and currently yields 3.62%. The most recent payment was $1.4225/share on Mar 6, 2026, paid Quarterly.
PEP
Current Yield
3.62%
TTM Dividend/Share
$5.69
Payment Frequency
Quarterly
Payout Ratio
92.7%
Consecutive Growth Years
54
Div Growth (1Y CAGR)
5.49%
Div Growth (5Y CAGR)
6.93%
Div Growth (10Y CAGR)
7.36%
Dividend Safety Score
3 out of 5 checks passed
Payout ratio below 75%
Payout ratio is 92.7%, above the 75% threshold.
Free cash flow covers dividend
FCF/share ($5.61) does not fully cover dividend/share ($5.69).
No dividend cuts in 10+ years
No dividend cuts in the last 10 years.
Positive earnings growth trend
Earnings per share have grown over the past 5 years.
10+ years of consecutive growth
54 consecutive years of dividend growth.
Dividend Payment History
Yield values are for each row's ex-date, not today's live yield.
Ex-date Mar 6, 2026
- Payment date
- Mar 31, 2026
- Dividend
- $1.4225
- Adj. dividend
- $1.4225
- Yield (ex-date)
- 3.57%
Ex-date Dec 5, 2025
- Payment date
- Jan 6, 2026
- Dividend
- $1.4225
- Adj. dividend
- $1.4225
- Yield (ex-date)
- 3.88%
Ex-date Sep 5, 2025
- Payment date
- Sep 30, 2025
- Dividend
- $1.4225
- Adj. dividend
- $1.4225
- Yield (ex-date)
- 3.79%
Ex-date Jun 6, 2025
- Payment date
- Jun 30, 2025
- Dividend
- $1.4225
- Adj. dividend
- $1.4225
- Yield (ex-date)
- 4.22%
Ex-date Mar 7, 2025
- Payment date
- Mar 31, 2025
- Dividend
- $1.3550
- Adj. dividend
- $1.3550
- Yield (ex-date)
- 3.51%
Ex-date Dec 6, 2024
- Payment date
- Jan 6, 2025
- Dividend
- $1.3550
- Adj. dividend
- $1.3550
- Yield (ex-date)
- 3.38%
Ex-date Sep 6, 2024
- Payment date
- Sep 30, 2024
- Dividend
- $1.3550
- Adj. dividend
- $1.3550
- Yield (ex-date)
- 2.95%
Ex-date Jun 7, 2024
- Payment date
- Jun 28, 2024
- Dividend
- $1.3550
- Adj. dividend
- $1.3550
- Yield (ex-date)
- 3.01%
Ex-date Feb 29, 2024
- Payment date
- Apr 1, 2024
- Dividend
- $1.2650
- Adj. dividend
- $1.2650
- Yield (ex-date)
- 3.06%
Ex-date Nov 30, 2023
- Payment date
- Jan 5, 2024
- Dividend
- $1.2650
- Adj. dividend
- $1.2650
- Yield (ex-date)
- 2.94%
Ex-date Aug 31, 2023
- Payment date
- Sep 29, 2023
- Dividend
- $1.2650
- Adj. dividend
- $1.2650
- Yield (ex-date)
- 2.71%
Ex-date Jun 1, 2023
- Payment date
- Jun 30, 2023
- Dividend
- $1.2650
- Adj. dividend
- $1.2650
- Yield (ex-date)
- 2.59%
| Ex-Date | Payment Date | Dividend | Adj. Dividend | Yield (ex-date) |
|---|---|---|---|---|
| Mar 6, 2026 | Mar 31, 2026 | $1.4225 | $1.4225 | 3.57% |
| Dec 5, 2025 | Jan 6, 2026 | $1.4225 | $1.4225 | 3.88% |
| Sep 5, 2025 | Sep 30, 2025 | $1.4225 | $1.4225 | 3.79% |
| Jun 6, 2025 | Jun 30, 2025 | $1.4225 | $1.4225 | 4.22% |
| Mar 7, 2025 | Mar 31, 2025 | $1.3550 | $1.3550 | 3.51% |
| Dec 6, 2024 | Jan 6, 2025 | $1.3550 | $1.3550 | 3.38% |
| Sep 6, 2024 | Sep 30, 2024 | $1.3550 | $1.3550 | 2.95% |
| Jun 7, 2024 | Jun 28, 2024 | $1.3550 | $1.3550 | 3.01% |
| Feb 29, 2024 | Apr 1, 2024 | $1.2650 | $1.2650 | 3.06% |
| Nov 30, 2023 | Jan 5, 2024 | $1.2650 | $1.2650 | 2.94% |
| Aug 31, 2023 | Sep 29, 2023 | $1.2650 | $1.2650 | 2.71% |
| Jun 1, 2023 | Jun 30, 2023 | $1.2650 | $1.2650 | 2.59% |
Historical Dividend Yield
Dividend Growth
Dividend Increase Track Record
PepsiCo has raised its total annual dividend (split-adjusted, by ex-dividend calendar year) versus the prior year for 54 consecutive years — the same figure as the "Consecutive Growth Years" card above.
| Year | Previous DPS | New DPS | Change |
|---|---|---|---|
| 2026 | $5.6225 | — | — |
| 2025 | $5.3300 | $5.6225 | +5.5% |
| 2024 | $4.9450 | $5.3300 | +7.8% |
| 2023 | $4.5250 | $4.9450 | +9.3% |
| 2022 | $4.2475 | $4.5250 | +6.5% |
| 2021 | $4.0225 | $4.2475 | +5.6% |
| 2020 | $3.7925 | $4.0225 | +6.1% |
| 2019 | $3.5875 | $3.7925 | +5.7% |
| 2018 | $3.1675 | $3.5875 | +13.3% |
| 2017 | $2.9600 | $3.1675 | +7.0% |
| 2016 | $2.7625 | $2.9600 | +7.1% |
| 2015 | $2.5325 | $2.7625 | +9.1% |
| 2014 | $2.2395 | $2.5325 | +13.1% |
| 2013 | $2.1270 | $2.2395 | +5.3% |
| 2012 | $2.0250 | $2.1270 | +5.0% |
| 2011 | $1.8900 | $2.0250 | +7.1% |
| 2010 | $1.7750 | $1.8900 | +6.5% |
| 2009 | $1.6500 | $1.7750 | +7.6% |
| 2008 | $1.4250 | $1.6500 | +15.8% |
| 2007 | $1.1600 | $1.4250 | +22.8% |
| 2006 | $1.0100 | $1.1600 | +14.9% |
| 2005 | $0.8500 | $1.0100 | +18.8% |
| 2004 | $0.6300 | $0.8500 | +34.9% |
| 2003 | $0.5950 | $0.6300 | +5.9% |
| 2002 | $0.5750 | $0.5950 | +3.5% |
| 2001 | $0.5550 | $0.5750 | +3.6% |
| 2000 | $0.5350 | $0.5550 | +3.7% |
| 1999 | $0.5150 | $0.5350 | +3.9% |
| 1998 | $0.4900 | $0.5150 | +5.1% |
| 1997 | $0.4450 | $0.4900 | +10.1% |
| 1996 | $0.3900 | $0.4450 | +14.1% |
| 1995 | $0.3500 | $0.3900 | +11.4% |
| 1994 | $0.3050 | $0.3500 | +14.8% |
| 1993 | $0.2550 | $0.3050 | +19.6% |
| 1992 | $0.2300 | $0.2550 | +10.9% |
| 1991 | $0.1917 | $0.2300 | +20.0% |
| 1990 | $0.1600 | $0.1917 | +19.8% |
| 1989 | $0.1333 | $0.1600 | +20.0% |
| 1988 | $0.1117 | $0.1333 | +19.4% |
| 1987 | $0.1047 | $0.1117 | +6.6% |
| 1986 | $0.0975 | $0.1047 | +7.4% |
| 1985 | $0.0925 | $0.0975 | +5.4% |
| 1984 | $0.0900 | $0.0925 | +2.8% |
| 1983 | $0.0878 | $0.0900 | +2.5% |
| 1982 | $0.0789 | $0.0878 | +11.3% |
| 1981 | $0.0700 | $0.0789 | +12.7% |
| 1980 | $0.0614 | $0.0700 | +14.0% |
| 1979 | $0.0542 | $0.0614 | +13.3% |
| 1978 | $0.0458 | $0.0542 | +18.2% |
| 1977 | $0.0352 | $0.0458 | +30.3% |
| 1976 | $0.0278 | $0.0352 | +26.7% |
| 1975 | $0.0241 | $0.0278 | +15.4% |
| 1974 | $0.0211 | $0.0241 | +14.0% |
| 1973 | — | $0.0211 | — |
DPS sums split-adjusted amounts (adj. dividend) by ex-dividend calendar year—the same basis as the Adj. Dividend column in Dividend Payment History. The Dividend column can differ after stock splits. This table uses four decimals per annual total so the Change column matches the shown amounts; each payment row in Dividend Payment History also uses four.
Frequently asked questions
Does PepsiCo pay dividends?
- Yes, PepsiCo (PEP) pays quarterly dividends of approximately $5.69 per share annually, yielding 3.62%.
What is PepsiCo's dividend yield?
- PepsiCo (PEP) has a current dividend yield of 3.62%.
Is PepsiCo's dividend safe?
- PepsiCo (PEP) passes 3 out of 5 dividend safety checks. See the detailed breakdown above for each criterion.
How many consecutive years has PepsiCo increased its dividend?
- PepsiCo (PEP) has 54 consecutive years of dividend increases.
What is PepsiCo's dividend payout ratio?
- PepsiCo (PEP) has a dividend payout ratio of 92.7%.