PepsiCo: dividend increased by 7% with quarterly


(CercleFinance.com) – On the occasion of the publication of its results, PepsiCo indicates that its board of directors has decided to increase its dividend by 7%, at an annualized rate of $5.42 per share, from of the quarterly dividend which will be paid in June.

For the last three months of 2023, the operator of the Pepsi, Lays and Quaker brands earned core EPS of $1.78, up 9% at constant exchange rates, for revenues of more than $27.8 billion. , organic growth of 4.5%.

Posting a core EPS of $7.62 for the whole of 2023, up 14% at constant exchange rates, and organic revenue growth of 9.5%, PepsiCo is targeting minimum increases of respectively 8% and 4%.

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