Dividend Aristocrat PepsiCo (PEP) will raise its quarterly dividend by 7.3 percent to $0.515 per share in 2011. The next dividend will be paid on June 30, 2011 to shareholders of record on June 3, 2011. The ex-dividend date is June 1, 2011.

PepsiCo, Inc. is a global food and beverage company with brands including Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. Through its operations, authorized bottlers, contract manufacturers and other third parties, PepsiCo makes and sells convenient beverages, foods and snacks in more than 200 countries and territories. The company's six divisions are: Frito-Lay North America, Quaker Foods North America, North America Beverages, Latin America, Europe Sub-Saharan Africa and Asia, Middle East and North Africa. PepsiCo was incorporated in Delaware in 1919, reincorporated in North Carolina in 1986 and has been paying dividends without interruption since the company was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc.