PepsiCo, Inc. (NASDAQ:PEP) Announces Quarterly Dividend of $1.42

PepsiCo, Inc. (NASDAQ:PEP) declared a quarterly dividend on Wednesday, February 4th. Shareholders of record on Friday, March 6th will be given a dividend of 1.4225 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend is Friday, March 6th.

PepsiCo has raised its dividend payment by an average of 0.1%annually over the last three years and has raised its dividend annually for the last 54 consecutive years. PepsiCo has a payout ratio of 68.1% meaning its dividend is sufficiently covered by earnings. Analysts expect PepsiCo to earn $8.84 per share next year, which means the company should continue to be able to cover its $5.69 annual dividend with an expected future payout ratio of 64.4%.

PepsiCo Trading Up 0.0%

PEP stock opened at $166.19 on Thursday. PepsiCo has a 52 week low of $127.60 and a 52 week high of $167.94. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.72 and a current ratio of 0.85. The company’s 50-day simple moving average is $146.83 and its 200 day simple moving average is $145.95. The company has a market capitalization of $227.23 billion, a PE ratio of 27.68, a price-to-earnings-growth ratio of 5.35 and a beta of 0.40.

PepsiCo (NASDAQ:PEP) last announced its earnings results on Tuesday, February 3rd. The company reported $2.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.24 by $0.02. PepsiCo had a net margin of 8.77% and a return on equity of 57.92%. The firm had revenue of $29.34 billion for the quarter, compared to analyst estimates of $28.96 billion. During the same quarter in the prior year, the business posted $1.96 EPS. The business’s revenue was up 5.6% compared to the same quarter last year. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. As a group, sell-side analysts anticipate that PepsiCo will post 8.3 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have issued reports on PEP. Evercore ISI increased their price objective on shares of PepsiCo from $152.00 to $165.00 in a research note on Wednesday. Rothschild & Co Redburn upped their price objective on shares of PepsiCo from $117.00 to $120.00 and gave the stock a “sell” rating in a research report on Monday, December 15th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $156.00 target price on shares of PepsiCo in a research note on Wednesday. Citigroup increased their target price on PepsiCo from $170.00 to $182.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Jefferies Financial Group raised their price objective on shares of PepsiCo from $163.00 to $164.00 and gave the company a “hold” rating in a report on Tuesday, December 9th. Nine analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, PepsiCo presently has a consensus rating of “Hold” and an average price target of $167.28.

PepsiCo Company Profile

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.