PepsiCo: 5% dividend increase with quarterly results

(CercleFinance.com) - On its quarterly earnings call, PepsiCo announces a 5% increase in its annualized dividend to $5.
69 per share, starting with the dividend to be paid next June, for annual core EPS of $8.16 in 2024. NB: pmt -2.2%.

For Q4 2024, the operator of the Pepsi, Lays and Quaker brands reported core EPS of $1.96, up 14% at constant exchange rates, on revenues of nearly $27.8bn, with organic growth of 2.1%.

For the year ahead, the food group anticipates a mid-single-digit increase in core EPS at constant exchange rates, as well as organic revenue growth in the low single-digit range.


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