PEP Dividend History & Analysis | 3.9% Yield

PEP has a dividend yield of 3.9% and paid 5.62 USD per share in the last 12M. Complete payout history, full analyses and peer comparison.

Yield 12m 3.92%
Payout Ratio 71.6%
Growth Rate CAGR 5y 7.27%
Consistency Lifetime 97.5%
Yield on Cost 5y 4.67%
Payout FCF 31.9%
Streak Years 54
Dividend Rating 71.84%

Dividends Cash Amount per Share Yearly

This chart shows the yearly cash amount paid as dividends per share. The exact values for each year can be found in the structured dataset with the html-id #yearly_dividend_dataset below.
Dividend Growth Year over Year This chart shows the annual dividend growth rate compared to the previous year.
5 Years Chart with Price and Dividend Yield This chart shows the dividend yield and price over time. Price is displayed as gray area (left axis), yield as dark blue line (right axis), and average yield as orange dashed line.
■ Yield (right) | ■ Price (left) | ┅ Avg Yield
Total Return 12m: 22%
Total Return 5y: 41.7%

Top Dividend Payers in Soft Drinks & Non-alcoholic Beverages

Top 5 Dividend Yields of Peer-Group
Symbol Market Cap USD Dividend Yield TTM Yield on Cost 5y
FMX 36,292 M 7.80% 13.5%
KOF 22,105 M 4.34% 10.8%
COKE 13,798 M 0.76% 12.2%
KO 321,957 M 2.94% 4.75%
CCEP 41,842 M 2.61% 5.33%
Top 5 Dividend Growth Rates of Peer-Group
Symbol Market Cap USD Growth Rate Consistency
FMX 36,292 M 55.4% 87.9%
COKE 13,798 M 53.1% 92.5%
KDP 38,000 M 8.01% 88.6%
KO 321,957 M 4.97% 100%
CCEP 41,842 M 9.56% 90.3%

Quality Dividend Peers in Soft Drinks & Non-alcoholic Beverages

FMX
Fomento Economico
 7.80% Yield

PEP Dividend History: Last 50 Payments (USD) as of February 2026

Ex-Dividend Date Record Date Payment Date Period Dividend per Share Dividend Growth Rate QoQ Payout Yield
2025-12-05 2025-12-05 2026-01-06 Quarterly 1.423 0% 0.98%
2025-09-05 2025-09-05 2025-09-30 Quarterly 1.423 0% 0.97%
2025-06-06 2025-06-06 2025-06-30 Quarterly 1.423 5% 1.09%
2025-03-07 2025-03-07 2025-03-31 Quarterly 1.355 0% 0.88%
2024-12-06 2024-12-06 2025-01-06 Quarterly 1.355 0% 0.85%
2024-09-06 2024-09-06 2024-09-30 Quarterly 1.355 0% 0.76%
2024-06-07 2024-06-07 2024-06-28 Quarterly 1.355 7.1% 0.79%
2024-02-29 2024-03-01 2024-04-01 Quarterly 1.265 0% 0.76%
2023-11-30 2023-12-01 2024-01-05 Quarterly 1.265 0% 0.76%
2023-08-31 2023-09-01 2023-09-29 Quarterly 1.265 0% 0.71%
2023-06-01 2023-06-02 2023-06-30 Quarterly 1.265 10% 0.69%
2023-03-02 2023-03-03 2023-03-31 Quarterly 1.15 0% 0.67%
2022-12-01 2022-12-02 2023-01-06 Quarterly 1.15 0% 0.62%
2022-09-01 2022-09-02 2022-09-30 Quarterly 1.15 0% 0.67%
2022-06-02 2022-06-03 2022-06-30 Quarterly 1.15 7% 0.69%
2022-03-03 2022-03-04 2022-03-31 Quarterly 1.075 0% 0.66%
2021-12-02 2021-12-03 2022-01-07 Quarterly 1.075 0% 0.67%
2021-09-02 2021-09-03 2021-09-30 Quarterly 1.075 0% 0.69%
2021-06-03 2021-06-04 2021-06-30 Quarterly 1.075 5.1% 0.73%
2021-03-04 2021-03-05 2021-03-31 Quarterly 1.023 0% 0.79%
2020-12-03 2020-12-04 2021-01-07 Quarterly 1.023 0% N/A
2020-09-03 2020-09-04 2020-09-30 Quarterly 1.023 0% N/A
2020-06-04 2020-06-05 2020-06-30 Quarterly 1.023 7.1% N/A
2020-03-05 2020-03-06 2020-03-31 Quarterly 0.955 0% N/A
2019-12-05 2019-12-06 2020-01-07 Quarterly 0.955 0% N/A
2019-09-05 2019-09-06 2019-09-30 Quarterly 0.955 0% N/A
2019-06-06 2019-06-07 2019-06-28 Quarterly 0.955 2.9% N/A
2019-02-28 2019-03-01 2019-03-29 Quarterly 0.928 0% N/A
2018-12-06 2018-12-07 2019-01-07 Quarterly 0.928 0% N/A
2018-09-06 2018-09-07 2018-09-28 Quarterly 0.928 0% N/A
2018-05-31 2018-06-01 2018-06-29 Quarterly 0.928 15.3% N/A
2018-03-01 2018-03-02 2018-03-30 Quarterly 0.805 0% N/A
2017-11-30 2017-12-01 2018-01-08 Quarterly 0.805 0% N/A
2017-08-30 2017-09-01 2017-09-29 Quarterly 0.805 0% N/A
2017-05-31 2017-06-02 2017-06-30 Quarterly 0.805 6.9% N/A
2017-03-01 2017-03-03 2017-03-31 Quarterly 0.753 0% N/A
2016-11-30 2016-12-02 2017-01-06 Quarterly 0.753 0% N/A
2016-08-31 2016-09-02 2016-09-30 Quarterly 0.753 0% N/A
2016-06-01 2016-06-03 2016-06-30 Quarterly 0.753 7.1% N/A
2016-03-02 2016-03-04 2016-03-31 Quarterly 0.703 0% N/A
2015-12-02 2015-12-04 2016-01-07 Quarterly 0.703 0% N/A
2015-09-02 2015-09-04 2015-09-30 Quarterly 0.703 0% N/A
2015-06-03 2015-06-05 2015-06-30 Quarterly 0.703 7.3% N/A
2015-03-04 2015-03-06 2015-03-31 Quarterly 0.655 0% N/A
2014-12-03 2014-12-05 2015-01-07 Quarterly 0.655 0% N/A
2014-09-03 2014-09-05 2014-09-30 Quarterly 0.655 0% N/A
2014-06-04 2014-06-06 2014-06-30 Quarterly 0.655 15.3% N/A
2014-03-05 2014-03-07 2014-03-31 Quarterly 0.568 0% N/A
2013-12-04 2013-12-06 2014-01-02 Quarterly 0.568 0% N/A
2013-09-04 2013-09-06 2013-09-30 Quarterly 0.568 0% N/A

PEP Dividend FAQ

PepsiCo (NASDAQ:PEP) is a global food-and-beverage company that operates through seven geographic segments, the largest being Frito-Lay North America and PepsiCo Beverages North America. Its portfolio spans salty snacks (Lay’s, Doritos, Cheetos), cereals and grain-based foods (Quaker, Rice-A-Roni), and a broad beverage lineup (Pepsi, Mountain Dew, Gatorade, Aquafina, and emerging “hard-MTN Dew” alcoholic drinks). The firm reaches consumers via wholesale distributors, food-service accounts, mass-merchandisers, e-commerce platforms, and its own direct-store-delivery network.

What is the Dividend Yield of PEP?

As of February 2026, PEP`s dividend yield is 3.92%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 5.62 USD by the current share price of 170.49.

Does PEP pay a dividend?

As of February 2026, PEP paid a dividend of 5.62 USD in the last 12 months. The last dividend was paid on 2025-12-05 and the payout was 1.423 USD.

How often does PEP pay dividends?

PEP pays dividends quarterly. Over the last 12 months, PEP has issued 4 dividend payments. The last dividend payment was made on 2025-12-05.

PEP dividend forecast

Based on historical data, the forecasted dividends per share for PEP for the next 4 payments are between 1.305 (-8.3%) and 1.391 (-2.2%).
This indicates a moderate dividend reduction compared to the last payment.

Will PEP pay dividends in 2026?

The latest dividend paid per share was 1.423 USD with an Ex-Dividend Date of 2025-12-05. The next Ex-Dividend date for PepsiCo (PEP) is currently unknown.

What is the next Ex-Dividend Date for PEP?

The next Ex-Dividend date for PepsiCo (PEP) is currently unknown. We automatically update the next Ex-Dividend date when it is announced.

What is the Dividend Growth of PEP?

PEP's average dividend growth rate over the past 5 years is 7.27% per year.
Strong growth: PEP's Dividend growth is outpacing inflation.

What is the Yield on Cost of PEP?

PEP's 5-Year Yield on Cost is 4.67%. If you bought PEP's shares at 120.34 USD five years ago, your current annual dividend income (5.62 USD per share, trailing 12 months) equals 4.67% of your original purchase price.

What is the Payout Consistency of PEP?

PEP Payout Consistency is 97.5%. The payout consistency is a proprietary measure of how consistently a company has paid dividends over its lifetime and blends growth rate, number of dividend payments, interruptions or lowering dividends into one number.
Very consistent: PepsiCo has a strong track record of consistent dividend payments over its lifetime.

Does PEP have a good Dividend Yield?

PEP`s 3.92% Dividend Yield is considered as moderate. This is usually a sign of a value company.

What is the Dividend Payout Ratio of PEP?

The Dividend Payout Ratio of PEP is 71.6%. Moderate - Typically an acceptable payout ratio.

What is the Dividend Rating of PEP?

PEP`s Overall Dividend Rating is 71.84%. Ratings surpassing 65% are regarded as acceptable, exceeding 75% are favorable and surpassing 85% are strong.

PEP Outstanding Shares Analysis

What is the Trend in PEP's Outstanding Shares?

PepsiCo's outstanding shares have decreased by approximately 0.33% annually over the past 3 years (Trend Reliability: -100.0%).

Slightly positive: The company is modestly reducing its share count through buybacks. This provides a small tailwind to earnings per share and dividend sustainability.

Has PEP ever had a Stock Split?

Yes, the last stock split was on May 29, 1996 with a ratio of 2:1.

This was a forward split: Each share became 2 shares, lowering the price proportionally. The dividend per share was also adjusted downward by the same ratio, so total dividend income remained unchanged.

Year Number of Shares Annual Growth Rate
1985 1,647,556,000
1986 1,550,252,000 -5.91%
1987 1,565,766,000 +1%
1988 1,610,667,000 +2.87%
1989 1,584,117,600 -1.65%
1990 1,602,857,100 +1.18%
1991 1,585,555,600 -1.08%
1992 1,576,666,700 -0.56%
1993 1,636,428,600 +3.79%
1994 1,592,352,900 -2.69%
1995 1,654,000,000 +3.87%
1996 1,585,000,000 -4.17%
1997 1,555,000,000 -1.89%
1998 1,496,000,000 -3.79%
1999 1,477,000,000 -1.27%
2000 1,798,000,000 +21.73%
2001 1,800,000,000 +0.11%
2002 1,729,000,000 -3.94%
2003 1,707,936,500 -1.22%
2004 1,713,000,000 +0.3%
2005 1,695,000,000 -1.05%
2006 1,681,000,000 -0.83%
2007 1,645,000,000 -2.14%
2008 1,578,000,000 -4.07%
2009 1,589,000,000 +0.7%
2010 1,607,000,000 +1.13%
2011 1,584,000,000 -1.43%
2012 1,564,000,000 -1.26%
2013 1,552,000,000 -0.77%
2014 1,514,000,000 -2.45%
2015 1,470,000,000 -2.91%
2016 1,444,000,000 -1.77%
2017 1,421,000,000 -1.59%
2018 1,420,000,000 -0.07%
2019 1,401,000,000 -1.34%
2020 1,388,000,000 -0.93%
2021 1,390,000,000 +0.14%
2022 1,385,000,000 -0.36%
2023 1,381,000,000 -0.29%
2024 1,378,000,000 -0.22%
2025 1,372,000,000 -0.44%

Key Metric Definitions

Dividend Yield
Annual dividend per share divided by current share price.
Payout Ratio
Percentage of earnings paid as dividends. Below 60% = safe, above 100% = unsustainable.
Payout FCF
Percentage of Free Cash Flow paid as dividends. More reliable than Payout Ratio since it measures actual cash.
Growth Rate (CAGR)
Compound annual growth rate of dividends over the last 5 years.
Consistency
Reliability of dividend payments over lifetime. Penalizes cuts and pauses.
Yield on Cost
Your effective yield if you bought 5 years ago. Shows dividend growth impact over time.
Streak
Consecutive years of dividend payments. 25+ years = Dividend Aristocrat.
Dividend Rating
Proprietary score (0-100) combining yield, growth, safety and consistency.

Last update: 2026-02-01 02:17