Dividend Aristocrat PepsiCo (PEP) will raise its quarterly dividend by 4.4 percent to $0.5375 per share in 2012. This marks the 40th consecutive year that the food and beverage company has raised its dividend.
The next dividend will be paid on June 29, 2012 to shareholders of record on June 1, 2012. The ex-dividend date is May 30, 2012.
PepsiCo, Inc. is a global food and beverage company. Its brands include Lay's, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo originally had its IPO on December 18, 1919 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.