PepsiCo Raises Quarterly Dividend 5% to $1.4225, Reinforces Long-Term Payout Strategy

PepsiCo raises quarterly dividend amid long-term payout strategy

PepsiCo Inc. is raising its quarterly dividend to $1.4225 per share, a 5% increase versus the comparable year-ago period, the company says. The dividend is payable on March 31, 2026 to shareholders of record at the close of business on March 6, 2026. The move follows an earlier lift in the company’s annualized payout to $5.69 from $5.42 that began with the June 2025 payment, and a further 4% increase announced on Feb. 3, 2026 that the company expects to start with the June 2026 payment.

The increase underscores PepsiCo’s long-running cash-return policy and its emphasis on steady shareholder distributions. PepsiCo has paid consecutive quarterly cash dividends since 1965 and 2026 marks its 54th consecutive annual dividend increase, a streak the company frames as evidence of durable cash flow and management commitment to returning capital. The board frames the new payout as consistent with the company’s broader capital-allocation priorities, which include dividends, buybacks and reinvestment in its brands and operations.

Company executives reiterate that dividend actions sit alongside PepsiCo’s strategic transformation, pep+ (PepsiCo Positive), which targets sustainability and changes across its value chain and human capital. The company cautions that forward-looking statements accompanying the announcement are subject to the usual risks and uncertainties disclosed in its SEC filings and says it undertakes no obligation to update those statements.

Operations and brand scale

PepsiCo reports nearly $94 billion in net revenue for 2025 and says its products are enjoyed by consumers more than one billion times a day across more than 200 countries and territories. Its portfolio spans beverages and convenient foods, including Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker and SodaStream, with many brands generating more than $1 billion each in estimated annual retail sales.

Market commentary and regulatory notes

Cable commentator Jim Cramer highlights PepsiCo among non-tech beneficiaries amid recent market volatility, noting it as a steady name alongside other consumer-food companies, though his remarks focus on portfolio diversification rather than company operations. PepsiCo directs readers to www.pepsico.com and its SEC filings on Forms 10‑K, 10‑Q and 8‑K for fuller disclosures and contact information.