Trailing Dividend / Share
$5.57
PepsiCo, Inc. (PEP) Dividend History
Income profile from 1972 to 2026 with payout safety and yield-on-cost trend
Dividend Yield
3.3%
Payout Ratio
92.7%
At Risk
Dividend Streak
27 years
3-Second Income Check
Safety
92.7% payout ratio with at risk safety profile.
Consistency
27 straight years of dividend increases.
Income Trend
Yield on cost is 3.9% and trend is rising.
Dividend Scorecard
Yield & Income
Dividend Yield3.3%
Trailing DPS$5.57
FrequencyAnnual
Payments / 12M5
Payout Safety
Earnings Payout92.7%
Earnings SafetyAt Risk
FCF Payout99.6%
FCF SafetyStretched
Piotroski F-Score5/9
Growth
Growth Streak27 years
3Y CAGR7.5%
5Y CAGR6.9%
Yield on Cost (5Y)3.9%
YOC Trendrising
Total Returns
Buyback Yield0.4%
Total Shareholder Yield3.7%
1Y Total Return14.3%
5Y Total Return48.8%
Div Contribution (5Y)18.9%
Estimated $10K growth (return + dividends):
5Y ago$14,88410Y ago$21,66620Y ago$39,169
Uses precomputed total return metrics from screening data (not lot-by-lot dividend reinvestment transactions). Different time windows can produce different outcomes depending on market regime and entry point.
Income Growth Story
Dividend per share and yield on cost over time (55 years of payments)
Dividend Safety Story
EPS is the container — dividend is what's drawn out
Dividend Analysis
Payout Safety
PepsiCo, Inc. distributes 92.7% of earnings as dividends (At Risk). When measured against free cash flow—a stricter test—the payout ratio stands at 99.6%, rated "Stretched".
Piotroski F-Score: 5/9 — moderate financial health.
Growth Track Record
PEP has raised its dividend for 27 consecutive years, with a 3-year CAGR of 7.5% and 5-year CAGR of 6.9%.
Total Shareholder Returns
Beyond cash dividends, PEP returns capital through share repurchases. The combined picture: 3.3% dividend yield, 0.4% buyback yield, 3.7% total shareholder yield.
Income Trend & Total Return
Yield on cost (5-year basis) has reached 3.9% and is currently rising. The 5-year total return is 48.8%, with dividends contributing 18.9% of that performance.
DRIP Growth
A $10,000 investment made 10 years ago with dividends reinvested would have grown to approximately $21,666 today.
Elevated payout ratio — dividend sustainability should be monitored closely.
Recent Dividend Payments
Last 20 payments · Annual
TTM Total$25.07
Avg/Payment$1.2535
| Ex-Date | Amount | Change | Yield % | Payment Date |
|---|---|---|---|---|
| Mar 6, 2026Latest | $1.4225 | — | 3.35% | Mar 31, 2026 |
| Dec 5, 2025 | $1.4225 | — | 3.88% | Jan 6, 2026 |
| Sep 5, 2025 | $1.4225 | — | 3.79% | Sep 30, 2025 |
| Jun 6, 2025 | $1.4225 | ↑ +5.0% | 4.22% | Jun 30, 2025 |
| Mar 7, 2025 | $1.3550 | — | 3.51% | Mar 31, 2025 |
| Dec 6, 2024 | $1.3550 | — | 3.38% | Jan 6, 2025 |
| Sep 6, 2024 | $1.3550 | — | 2.95% | Sep 30, 2024 |
| Jun 7, 2024 | $1.3550 | ↑ +7.1% | 3.01% | Jun 28, 2024 |
Dividend Peer Comparison
Peer group: Global Soft Drink Brand Owners
#2 yield in peer group
Div Yield
3.3%
#2 of 3
Safety
At Risk
92.7% payout
Streak
27Y
6.9% 5Y CAGR
Total Shareholder
3.7%
#2 of 3
Annual Dividend History
55 years of dividend data
GrowthDecline
| Year | DPS | YoY | Pmts | EPS | Payout | Coverage | YOC |
|---|---|---|---|---|---|---|---|
| 2026YTD | $1.42 | — | 1 | — | — | — | 1.0% |
| 2025 | $5.62 | 5.5% | 4 | $6.00 | 93.7% | 1.07x | 3.9% |
| 2024 | $5.33 | 7.8% | 4 | $6.95 | 76.7% | 1.30x | 3.7% |
| 2023 | $4.94 | 9.3% | 4 | $6.56 | 75.4% | 1.33x | 3.4% |
| 2022 | $4.52 | 6.5% | 4 | $6.42 | 70.5% | 1.42x | 3.1% |
| 2021 | $4.25 | 5.6% | 4 | $5.48 | 77.5% | 1.29x | 2.9% |
| 2020 | $4.02 | 6.1% | 4 | $5.11 | 78.7% | 1.27x | 2.8% |
| 2019 | $3.79 | 5.7% | 4 | $5.20 | 72.9% | 1.37x | 2.6% |
| 2018 | $3.59 | 13.3% | 4 | $8.78 | 40.9% | 2.45x | 2.5% |
| 2017 | $3.17 | 7.0% | 4 | $3.38 | 93.7% | 1.07x | 2.2% |
See PEP's True Return
Price is only half the story. See total return with reinvested dividends.
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Start ComparisonFrequently Asked Questions
How much dividend does PEP pay per share?
PepsiCo, Inc. (PEP) pays a trailing 12-month dividend of $5.57 per share, with a current dividend yield of +3.3%. Payments are made Annual.
When is PEP's next ex-dividend date?
PEP's most recent ex-dividend date is N/A. You must own shares before the ex-dividend date to receive the next payment. PEP typically pays dividends Annual.
Is PEP's dividend safe?
PEP's dividend safety is rated "At Risk" based on an earnings payout ratio of +92.7% and FCF payout ratio of +99.6%. With 27 consecutive years of dividend growth, the track record supports sustainability.
Is PEP a Dividend Aristocrat?
Yes, PepsiCo, Inc. is classified as a Dividend Aristocrat with 27 consecutive years of dividend increases. The 5-year dividend CAGR is +6.9%, demonstrating above-inflation dividend growth.
How often does PEP pay dividends?
PepsiCo, Inc. pays dividends Annual. The trailing 12-month total is $5.57 per share. Dividend data on this page covers 54+ years from 1972 to 2026.
How much would $10,000 invested in PEP grow with dividend reinvestment?
With dividends reinvested (DRIP), $10,000 invested in PEP five years ago would be worth approximately $14,884 today. This includes both price appreciation and compounded dividend reinvestment. Use the DRIP calculator above for other time periods.
What is PEP's yield on cost for long-term holders?
PEP's yield on cost — the current dividend divided by the original purchase price — is +3.9% for a 5-year holding period. This means long-term holders earn a higher effective yield than today's +3.3% market yield, thanks to consistent dividend growth.