PepsiCo, Inc. (PEP) Dividend History
PEP latest dividend
$1.48last dividend per share
Ex-dividend dateSep 4Friday, 2026
Payment dateSep 30Wednesday, 2026
The next dividend has not been announced yet.
- 27 yearsof dividend increases
- 1972paying since
- Quarterly4 payments a year
- +6.9%5-year growth a year
- 4.50%forward yield
PEP dividend income calculator
- Dividend income a year
- $592
- Each payment
- $148
- Value of the shares
- $13,149
- Dividend yield
- 4.50%
At the latest close; forward annual dividend $5.92 per share, before tax.
PEP dividends per share by year
Dividends per shareYield at year-end (right axis)
Calendar years by ex-dividend date. Yield = the year's dividends divided by the year-end share price.
PEP dividend safety
Payout ratio (earnings)54.3%
Well covered · of trailing twelve-month earnings paid as dividends
Payout ratio (free cash flow)99.6%
Above free cash flow · of fiscal 2025 free cash flow
Dividend growth (5 years)+6.9%
Growing · a year on average
Years of increases27
Long record · consecutive calendar years with a higher dividend
Descriptive bands, not a rating.
PEP yield on cost
| Bought | Price paid | Yield on cost | Dividends since | % of price |
|---|---|---|---|---|
| 1 year ago | $153.71 | 3.85% | $5.81 | 3.8% |
| 3 years ago | $162.03 | 3.65% | $16.60 | 10.2% |
| 5 years ago | $158.09 | 3.74% | $25.88 | 16.4% |
| 10 years ago | $106.95 | 5.54% | $44.38 | 41.5% |
| 20 years ago | $63.19 | 9.37% | $65.32 | 103.4% |
Today’s forward dividend as a yield on the price paid then, and the dividends one share has paid since (split-adjusted, before tax).
PEP dividend payments
Payment
Each bar is one payment, by ex-dividend month (last 40 payments).
PEP dividends by year
| Year | Dividends per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2025 | $5.62 | +5.5% | 3.92% | 4 |
| 2024 | $5.33 | +7.8% | 3.51% | 4 |
| 2023 | $4.95 | +9.3% | 2.91% | 4 |
| 2022 | $4.53 | +6.5% | 2.50% | 4 |
| 2021 | $4.25 | +5.6% | 2.45% | 4 |
| 2020 | $4.02 | +6.1% | 2.71% | 4 |
| 2019 | $3.79 | +5.7% | 2.78% | 4 |
| 2018 | $3.59 | +13.3% | 3.25% | 4 |
| 2017 | $3.17 | +7.0% | 2.64% | 4 |
| 2016 | $2.96 | +7.2% | 2.83% | 4 |
| 2015 | $2.76 | +9.1% | 2.77% | 4 |
| 2014 | $2.53 | +13.0% | 2.68% | 4 |
| 2013 | $2.24 | +5.3% | 2.70% | 4 |
| 2012 | $2.13 | +5.1% | 3.11% | 4 |
| 2011 | $2.02 | +7.1% | 3.05% | 4 |
| 2010 | $1.89 | +6.5% | 2.89% | 4 |
| 2009 | $1.77 | +7.6% | 2.92% | 4 |
| 2008 | $1.65 | +15.8% | 3.01% | 4 |
| 2007 | $1.43 | +22.8% | 1.88% | 4 |
| 2006 | $1.16 | — | 1.85% | 4 |
PEP dividend history
219 payments| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2026-09-04 | 2026-09-30 | $1.48 | — | Quarterly |
| 2026-06-05 | 2026-06-30 | $1.48 | +4.0% | Quarterly |
| 2026-03-06 | 2026-03-31 | $1.42 | — | Quarterly |
| 2025-12-05 | 2026-01-06 | $1.42 | — | Quarterly |
| 2025-09-05 | 2025-09-30 | $1.42 | — | Quarterly |
| 2025-06-06 | 2025-06-30 | $1.42 | +5.0% | Quarterly |
| 2025-03-07 | 2025-03-31 | $1.35 | — | Quarterly |
| 2024-12-06 | 2025-01-06 | $1.35 | — | Quarterly |
| 2024-09-06 | 2024-09-30 | $1.35 | — | Quarterly |
| 2024-06-07 | 2024-06-28 | $1.35 | +7.1% | Quarterly |
| 2024-02-29 | 2024-04-01 | $1.26 | — | Quarterly |
| 2023-11-30 | 2024-01-05 | $1.26 | — | Quarterly |
| 2023-08-31 | 2023-09-29 | $1.26 | — | Quarterly |
| 2023-06-01 | 2023-06-30 | $1.26 | +10.0% | Quarterly |
| 2023-03-02 | 2023-03-31 | $1.15 | — | Quarterly |
| 2022-12-01 | 2023-01-06 | $1.15 | — | Quarterly |
Show all 219 payments
| Ex-dividend date | Payment date | Amount | Change | Frequency |
|---|---|---|---|---|
| 2022-09-01 | 2022-09-30 | $1.15 | — | Quarterly |
| 2022-06-02 | 2022-06-30 | $1.15 | +7.0% | Quarterly |
| 2022-03-03 | 2022-03-31 | $1.07 | — | Quarterly |
| 2021-12-02 | 2022-01-07 | $1.07 | — | Quarterly |
| 2021-09-02 | 2021-09-30 | $1.07 | — | Quarterly |
| 2021-06-03 | 2021-06-30 | $1.07 | +5.1% | Quarterly |
| 2021-03-04 | 2021-03-31 | $1.02 | — | Quarterly |
| 2020-12-03 | 2021-01-07 | $1.02 | — | Quarterly |
| 2020-09-03 | 2020-09-30 | $1.02 | — | Quarterly |
| 2020-06-04 | 2020-06-30 | $1.02 | +7.1% | Quarterly |
| 2020-03-05 | 2020-03-31 | $0.955 | — | Quarterly |
| 2019-12-05 | 2020-01-07 | $0.955 | — | Quarterly |
| 2019-09-05 | 2019-09-30 | $0.955 | — | Quarterly |
| 2019-06-06 | 2019-06-28 | $0.955 | +2.9% | Quarterly |
| 2019-02-28 | 2019-03-29 | $0.928 | — | Quarterly |
| 2018-12-06 | 2019-01-07 | $0.928 | — | Quarterly |
| 2018-09-06 | 2018-09-28 | $0.928 | — | Quarterly |
| 2018-05-31 | 2018-06-29 | $0.928 | +15.3% | Quarterly |
| 2018-03-01 | 2018-03-30 | $0.805 | — | Quarterly |
| 2017-11-30 | 2018-01-08 | $0.805 | — | Quarterly |
| 2017-08-30 | 2017-09-29 | $0.805 | — | Quarterly |
| 2017-05-31 | 2017-06-30 | $0.805 | +6.9% | Quarterly |
| 2017-03-01 | 2017-03-31 | $0.753 | — | Quarterly |
| 2016-11-30 | 2017-01-06 | $0.753 | — | Quarterly |
| 2016-08-31 | 2016-09-30 | $0.753 | — | Quarterly |
| 2016-06-01 | 2016-06-30 | $0.753 | +7.1% | Quarterly |
| 2016-03-02 | 2016-03-31 | $0.703 | — | Quarterly |
| 2015-12-02 | 2016-01-07 | $0.703 | — | Quarterly |
| 2015-09-02 | 2015-09-30 | $0.703 | — | Quarterly |
| 2015-06-03 | 2015-06-30 | $0.703 | +7.3% | Quarterly |
| 2015-03-04 | 2015-03-31 | $0.655 | — | Quarterly |
| 2014-12-03 | 2015-01-07 | $0.655 | — | Quarterly |
| 2014-09-03 | 2014-09-30 | $0.655 | — | Quarterly |
| 2014-06-04 | 2014-06-30 | $0.655 | +15.3% | Quarterly |
| 2014-03-05 | 2014-03-31 | $0.568 | — | Quarterly |
| 2013-12-04 | 2014-01-02 | $0.568 | — | Quarterly |
| 2013-09-04 | 2013-09-30 | $0.568 | — | Quarterly |
| 2013-06-05 | 2013-06-28 | $0.568 | +5.8% | Quarterly |
| 2013-02-27 | 2013-03-29 | $0.537 | — | Quarterly |
| 2012-12-05 | 2013-01-02 | $0.537 | −0.2% | Quarterly |
| 2012-09-05 | 2012-09-28 | $0.538 | — | Quarterly |
| 2012-05-30 | 2012-06-29 | $0.538 | +4.5% | Quarterly |
| 2012-02-29 | 2012-03-30 | $0.515 | — | Quarterly |
| 2011-11-30 | 2012-01-03 | $0.515 | — | Quarterly |
| 2011-08-31 | 2011-09-30 | $0.515 | — | Quarterly |
| 2011-06-01 | 2011-06-30 | $0.515 | +7.3% | Quarterly |
| 2011-03-02 | 2011-03-31 | $0.48 | — | Quarterly |
| 2010-12-01 | 2011-01-03 | $0.48 | — | Quarterly |
| 2010-09-01 | 2010-09-30 | $0.48 | — | Quarterly |
| 2010-06-02 | 2010-06-30 | $0.48 | +6.7% | Quarterly |
| 2010-03-03 | 2010-03-31 | $0.45 | — | Quarterly |
| 2009-12-02 | 2010-01-04 | $0.45 | — | Quarterly |
| 2009-09-02 | 2009-09-30 | $0.45 | — | Quarterly |
| 2009-06-03 | 2009-06-30 | $0.45 | +5.9% | Quarterly |
| 2009-03-04 | 2009-03-31 | $0.425 | — | Quarterly |
| 2008-12-03 | 2009-01-02 | $0.425 | — | Quarterly |
| 2008-09-03 | 2008-09-30 | $0.425 | — | Quarterly |
| 2008-06-04 | 2008-06-30 | $0.425 | +13.3% | Quarterly |
| 2008-03-05 | 2008-03-31 | $0.375 | — | Quarterly |
| 2007-12-05 | 2008-01-02 | $0.375 | — | Quarterly |
| 2007-09-05 | 2007-09-28 | $0.375 | — | Quarterly |
| 2007-06-06 | 2007-06-29 | $0.375 | +25.0% | Quarterly |
| 2007-03-07 | 2007-03-30 | $0.3 | — | Quarterly |
| 2006-12-06 | 2007-01-02 | $0.3 | — | Quarterly |
| 2006-09-06 | 2006-09-29 | $0.3 | — | Quarterly |
| 2006-06-07 | 2006-06-30 | $0.3 | +15.4% | Quarterly |
| 2006-03-08 | 2006-03-31 | $0.26 | — | Quarterly |
| 2005-12-07 | 2006-01-03 | $0.26 | — | Quarterly |
| 2005-09-07 | 2005-09-30 | $0.26 | — | Quarterly |
| 2005-06-08 | 2005-06-30 | $0.26 | +13.0% | Quarterly |
| 2005-03-09 | 2005-03-31 | $0.23 | — | Quarterly |
| 2004-12-08 | 2005-01-03 | $0.23 | — | Quarterly |
| 2004-09-08 | 2004-09-30 | $0.23 | — | Quarterly |
| 2004-06-09 | 2004-06-30 | $0.23 | +43.8% | Quarterly |
| 2004-03-10 | 2004-03-31 | $0.16 | — | Quarterly |
| 2003-12-10 | 2004-01-02 | $0.16 | — | Quarterly |
| 2003-09-10 | 2003-09-30 | $0.16 | — | Quarterly |
| 2003-06-11 | 2003-06-30 | $0.16 | +6.7% | Quarterly |
| 2003-03-12 | 2003-03-31 | $0.15 | — | Quarterly |
| 2002-12-04 | 2003-01-02 | $0.15 | — | Quarterly |
| 2002-09-04 | 2002-09-27 | $0.15 | — | Quarterly |
| 2002-06-05 | 2002-06-28 | $0.15 | +3.4% | Quarterly |
| 2002-03-06 | 2002-03-29 | $0.145 | — | Quarterly |
| 2001-12-05 | 2002-01-02 | $0.145 | — | Quarterly |
| 2001-09-05 | 2001-09-28 | $0.145 | — | Quarterly |
| 2001-06-06 | 2001-06-29 | $0.145 | +3.6% | Quarterly |
| 2001-03-07 | 2001-03-30 | $0.14 | — | Quarterly |
| 2000-12-06 | 2001-01-02 | $0.14 | — | Quarterly |
| 2000-09-06 | 2000-09-29 | $0.14 | — | Quarterly |
| 2000-06-07 | 2000-06-30 | $0.14 | +3.7% | Quarterly |
| 2000-03-08 | 2000-03-31 | $0.135 | — | Quarterly |
| 1999-12-08 | 2000-01-03 | $0.135 | — | Quarterly |
| 1999-09-08 | 1999-09-30 | $0.135 | — | Quarterly |
| 1999-06-09 | 1999-06-30 | $0.135 | +3.8% | Quarterly |
| 1999-03-10 | 1999-03-31 | $0.13 | — | Quarterly |
| 1998-12-09 | 1999-01-01 | $0.13 | — | Quarterly |
| 1998-09-09 | 1998-09-30 | $0.13 | — | Quarterly |
| 1998-06-10 | 1998-06-30 | $0.13 | +4.0% | Quarterly |
| 1998-03-11 | 1998-03-31 | $0.125 | — | Quarterly |
| 1997-12-10 | 1998-01-01 | $0.125 | −96.1% | Quarterly |
| 1997-10-07 | — | $3.20 | +2,460.0% | |
| 1997-09-17 | 1997-10-07 | $0.125 | — | Quarterly |
| 1997-06-11 | 1997-06-30 | $0.125 | +8.7% | Quarterly |
| 1997-03-12 | 1997-03-31 | $0.115 | — | Quarterly |
| 1996-12-04 | 1997-01-01 | $0.115 | — | Quarterly |
| 1996-09-04 | 1996-09-27 | $0.115 | — | Quarterly |
| 1996-06-05 | 1996-06-28 | $0.115 | +15.0% | Quarterly |
| 1996-03-06 | 1996-03-29 | $0.1 | — | Quarterly |
| 1995-12-06 | 1996-01-02 | $0.1 | — | Quarterly |
| 1995-09-06 | 1995-09-29 | $0.1 | — | Quarterly |
| 1995-06-06 | 1995-06-30 | $0.1 | +11.1% | Quarterly |
| 1995-03-06 | 1995-03-31 | $0.09 | — | Quarterly |
| 1994-12-05 | 1995-01-01 | $0.09 | — | Quarterly |
| 1994-09-02 | 1994-09-30 | $0.09 | — | Quarterly |
| 1994-06-06 | 1994-06-30 | $0.09 | +12.5% | Quarterly |
| 1994-03-07 | 1994-03-31 | $0.08 | — | Quarterly |
| 1993-12-06 | 1994-01-01 | $0.08 | — | Quarterly |
| 1993-09-03 | 1993-09-30 | $0.08 | — | Quarterly |
| 1993-06-07 | 1993-06-30 | $0.08 | +23.1% | Quarterly |
| 1993-03-08 | 1993-03-31 | $0.065 | — | Quarterly |
| 1992-12-07 | 1993-01-01 | $0.065 | — | Quarterly |
| 1992-09-04 | 1992-09-30 | $0.065 | — | Quarterly |
| 1992-06-08 | 1992-06-30 | $0.065 | +8.3% | Quarterly |
| 1992-03-09 | 1992-03-31 | $0.06 | — | Quarterly |
| 1991-12-09 | 1992-01-01 | $0.06 | — | Quarterly |
| 1991-09-09 | 1991-09-30 | $0.06 | — | Quarterly |
| 1991-06-10 | 1991-06-30 | $0.06 | +20.0% | Quarterly |
| 1991-03-04 | 1991-03-31 | $0.05 | — | Quarterly |
| 1990-12-10 | 1991-01-01 | $0.05 | — | Quarterly |
| 1990-09-10 | 1990-09-30 | $0.05 | — | Quarterly |
| 1990-06-04 | 1990-06-30 | $0.05 | +20.0% | Quarterly |
| 1990-03-05 | 1990-03-31 | $0.0417 | — | Quarterly |
| 1989-12-04 | 1990-01-01 | $0.0417 | — | Quarterly |
| 1989-09-01 | 1989-09-30 | $0.0417 | — | Quarterly |
| 1989-06-05 | 1989-06-30 | $0.0417 | +19.1% | Quarterly |
| 1989-03-06 | 1989-03-31 | $0.035 | — | |
| 1988-12-05 | 1989-01-01 | $0.035 | — | |
| 1988-09-02 | 1988-09-30 | $0.035 | — | |
| 1988-06-06 | 1988-06-30 | $0.035 | +23.5% | |
| 1988-03-07 | 1988-03-31 | $0.0283 | — | |
| 1987-12-07 | 1988-01-01 | $0.0283 | — | |
| 1987-09-04 | 1987-09-30 | $0.0283 | — | |
| 1987-06-08 | 1987-06-30 | $0.0283 | +6.2% | |
| 1987-03-09 | 1987-03-31 | $0.0267 | — | |
| 1986-12-08 | 1987-01-01 | $0.0267 | — | |
| 1986-09-08 | 1986-09-30 | $0.0267 | — | |
| 1986-06-09 | 1986-06-30 | $0.0267 | +7.9% | |
| 1986-03-10 | 1986-03-31 | $0.0247 | — | |
| 1985-12-09 | 1986-01-01 | $0.0247 | — | |
| 1985-09-09 | 1985-09-30 | $0.0247 | — | |
| 1985-06-10 | 1985-06-30 | $0.0247 | +6.0% | |
| 1985-03-04 | 1985-03-31 | $0.0233 | — | |
| 1984-12-10 | 1984-12-31 | $0.0233 | — | |
| 1984-09-10 | 1984-09-30 | $0.0233 | — | |
| 1984-06-04 | 1984-06-30 | $0.0233 | +3.7% | |
| 1984-03-05 | — | $0.0225 | — | |
| 1983-12-05 | — | $0.0225 | — | |
| 1983-09-02 | 1983-09-30 | $0.0225 | — | |
| 1983-06-06 | — | $0.0225 | — | |
| 1983-03-07 | — | $0.0225 | — | |
| 1982-12-06 | — | $0.0225 | — | |
| 1982-09-03 | — | $0.0225 | — | |
| 1982-06-07 | — | $0.0225 | +10.9% | |
| 1982-03-08 | — | $0.0203 | — | |
| 1981-12-07 | — | $0.0203 | — | |
| 1981-09-04 | — | $0.0203 | — | |
| 1981-06-08 | — | $0.0203 | +12.3% | |
| 1981-03-09 | — | $0.0181 | — | |
| 1980-12-08 | — | $0.0181 | — | |
| 1980-09-08 | — | $0.0181 | — | |
| 1980-06-09 | — | $0.0181 | +14.1% | |
| 1980-03-10 | — | $0.0158 | — | |
| 1979-12-10 | — | $0.0158 | — | |
| 1979-09-10 | — | $0.0158 | — | |
| 1979-06-04 | — | $0.0158 | +14.0% | |
| 1979-03-05 | — | $0.0139 | — | |
| 1978-12-04 | — | $0.0139 | — | |
| 1978-09-01 | — | $0.0139 | — | |
| 1978-06-05 | — | $0.0139 | +11.1% | |
| 1978-03-06 | — | $0.0125 | — | |
| 1977-12-05 | — | $0.0125 | +12.5% | |
| 1977-09-02 | — | $0.0111 | — | |
| 1977-06-03 | — | $0.0111 | — | |
| 1977-03-04 | — | $0.0111 | +20.0% | |
| 1976-12-06 | — | $0.0093 | — | |
| 1976-09-02 | — | $0.0093 | — | |
| 1976-06-03 | — | $0.0093 | +25.0% | |
| 1976-03-04 | — | $0.0074 | — | |
| 1975-12-04 | — | $0.0074 | — | |
| 1975-09-03 | — | $0.0074 | +14.4% | |
| 1975-06-03 | — | $0.0065 | — | |
| 1975-03-04 | — | $0.0065 | — | |
| 1974-12-04 | — | $0.0065 | — | |
| 1974-09-03 | — | $0.0065 | +16.5% | |
| 1974-06-03 | — | $0.0056 | — | |
| 1974-03-05 | — | $0.0056 | — | |
| 1973-12-04 | — | $0.0056 | — | |
| 1973-08-31 | — | $0.0056 | +11.2% | |
| 1973-06-04 | — | $0.005 | — | |
| 1973-03-05 | — | $0.005 | +8.0% | |
| 1972-12-04 | — | $0.0046 | — | |
| 1972-09-01 | — | $0.0046 | — | |
| 1972-06-05 | — | $0.0046 | — |
Amounts per share, adjusted for stock splits. Highlighted rows are announced but not yet paid.
PEP stock split history
- 2:1May 29, 1996
- 3:1September 5, 1990
- 3:1May 29, 1986
- 3:1May 31, 1977
PEP dividend overview
PepsiCo pays an annual dividend of $5.92 per share, a yield of 4.50% at the latest close, paid quarterly. It paid $5.62 per share in 2025, up 5.5% from 2024. It has raised its dividend for 27 consecutive years. Over five years the dividend grew 6.9% a year on average and over ten years 7.4% a year. The payout ratio is 54.3% of trailing earnings.
Related: PEP cash flow statement, PEP key metrics, PEP chart. See the PEP stock overview for the latest quote and news.
PEP dividends FAQ
Does PepsiCo pay a dividend?
Yes. PepsiCo has paid a regular dividend since 1972, quarterly, most recently $1.48 per share with an ex-dividend date of September 4, 2026.
What is PepsiCo's dividend yield?
PepsiCo's forward annual dividend is $5.92 per share, a dividend yield of 4.50% at the latest close of $131.49.
How often does PepsiCo pay dividends?
PepsiCo pays dividends quarterly.
How fast is PepsiCo's dividend growing?
PepsiCo's dividend per share grew from $4.02 in 2020 to $5.62 in 2025, 6.9% a year on average over five years; it has increased for 27 years in a row.
What is PepsiCo's dividend payout ratio?
PepsiCo pays out 54.3% of its trailing earnings as dividends and 99.6% of its free cash flow (fiscal 2025).
Has PepsiCo split its stock?
PepsiCo has split its stock 4 times: 2:1 on May 29, 1996, 3:1 on September 5, 1990, 3:1 on May 29, 1986, 3:1 on May 31, 1977. Dividends per share on this page are adjusted for splits.