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PEP Dividend History, Yield & Dates

Dividend Yield · Dividend History · Ex-Dividend Date · Payment Date

Consumer DefensiveBeverages - Non-AlcoholicScore data as of Oct 21, 2026

PEPPepsiCo, Inc.

Consumer Defensive / Beverages - Non-Alcoholic

Relative Leader / Watch

Strong Relative Position

NeutralEdge 9/10
$134.70+$0.68 (+0.51%)

Latest quote

  • Momentum
    76
  • Value
    48
  • Quality
    64
  • Risk resilience
    49
  • Sentiment
    75
algovestiq.comScore data as of Oct 21, 2026

PEP Dividend answer

PepsiCo, Inc. (PEP) pays a quarterly dividend. Forward dividend yield: 4.39%, or $5.92 a year at the latest dividend. Trailing 12-month yield: 4.31%, from $5.81 per share paid over the past year. Its latest dividend was $1.48 per share. Latest ex-dividend date: Sep 4, 2026. Payment date: Sep 30, 2026. Next dividend status: not announced.

PEP Dividend Snapshot

Dividend growth, consistency, payout ratio, FCF coverage, and long history are emphasized for this stock. Yield methodology is labeled separately from payout coverage.

History
47
dividends captured
Growth years
10
raw events; specials not isolated
Durability score
65/100
coverage and consistency proxy
Shareholder yield
1.21%
0.13% buyback yield

Next PEP Dividend Date

When PEP next goes ex-dividend, the amount where it has been declared, and whether that state is announced, projected or not yet known.

Next PEP dividend

Not announced

PEP's next dividend has not yet been announced. The latest completed dividend was $1.48 per share. Data last checked: Oct 2, 2026.

Ex-date
Unknown
unknown
Pay date
Sep 30, 2026
Frequency
quarterly

Latest PEP Dividend Dates

Sep 4, 2026

Review the latest dividend, yield, available trailing-year income, and coverage context before treating income as durable.

Dividend yield
4.31%
Trailing 12-month dividend yield
4.31%
TTM dividends / latest available price
Forward dividend yield
4.39%
Latest dividend × 4 a year = $5.92 / latest price
Trailing annual dividend
$5.81
4.50% vs prior complete year
Latest dividend
$1.48
0.00% vs prior payment
Frequency
quarterly
Inferred from available dividend events
Ex-dividend date
Sep 4, 2026
Calendar endpoint
Payment date
Sep 30, 2026
Calendar endpoint
Next dividend
Not announced
Amount status independent from ex-date
Payout ratio
72.10%
Dividend as a share of earnings where available
FCF payout
62.58%
Dividend as a share of free cash flow per share
FCF coverage
1.6x
Free cash flow per share divided by dividend

AIQ Dividend bridge

Quality64/100

Margins, returns, leverage, and cash conversion support dividend durability.

Value48/100

Yield is more useful when valuation context is not stretched.

Risk resilience49/100

Lower drawdown and balance-sheet risk can improve income dependability.

PEP Dividend History

Recent per-share dividends show payment cadence. Trailing-year and growth reads are shown only when the available rows cover a complete comparable window.

Dividend reliability

Active payer

Recent dividend payments are summarized as cadence and coverage signals. Exact rows remain below for auditability.

Yield
4.31%
Current income rate
TTM trend
Trailing income rising
4.50% vs prior complete year
FCF coverage
Covered by FCF
1.6x
Payout ratio
72.10%
Earnings payout context
Recent dividend cadence
8 records
Dec 24
$1.36
Mar 25
$1.36
Jun 25
$1.42
Sep 25
$1.42
Dec 25
$1.42
Mar 26
$1.42
Jun 26
$1.48
Sep 26
$1.48

PEP Annual Dividend History

2016 - 2026
11 plotted years

PEP Dividend Growth

+4.50% 1Y
Latest increase +4.04%
Latest PEP Dividend: Declaration, Ex-Date & Payment
Declared
Jul 17, 2026
Ex-date
Sep 4, 2026
Record
Sep 4, 2026
Paid
Sep 30, 2026

Latest row amount $1.48, event yield 4.15%.

Event field coverage
Declaration40/40
Record40/40
Payment40/40
Frequency40/40
History depth
40 rows
FMP dividend events via canonical L3
Data through
Sep 4, 2026
latest covered ex-date
Last checked
Oct 2, 2026
independent from event date
Date coverage
40/40 pay
40/40 record dates

This page labels the feed as recent history when multi-year rows, payment dates, or record dates are incomplete. Announced calendar dates are separated from completed dividend history.

Dividend growth

PEP regular dividend growth, 2020–2025
5-year regular dividend CAGR
6.92%
Cohort rank
#194
Cohort standing
Bottom half
Consumer Defensive rank
#11
2020 regular DPS
$4.023
2025 regular DPS
$5.623
Absolute change
$1.600
Years increased
5
Years reduced
0

PEP's split-adjusted regular dividend per share grew at 6.92% a year from 2020 through 2025, ranking #194 among US dividend-paying corporations that never cut the payout in AlgovestIQ's study.

Split-adjusted regular dividends per share, 2020–2025, excluding special dividends. Research as of Sep 19, 2026.

PEP Dividend Yield

How PEP's trailing 12-month dividend yield is calculated, and what it does and does not account for.

Yield methodology

Trailing 12-month dividend yield

PEP's trailing dividend yield is the regular dividends paid over the last twelve months divided by the latest available share price. Payouts classified as special or supplemental are excluded, because a one-off payment is not recurring income. It is a backward-looking measure and is not the same as a forward yield, which annualises the most recent declared payment instead.

Trailing 12-month dividend yield
4.31%
Trailing 12-month dividends
$5.81

Dividend coverage

What PEP's dividend is paid out of

Coverage is read from earnings and cash flow rather than from the yield. A payout ratio leaves room, or does not; free cash flow either covers the payment, or the company is funding it another way. These are inputs to a judgement, not a guarantee of future payments.

Payout ratio
72.10%
FCF coverage
1.6x

Recent PEP dividend payments

40 covered dividends
Showing latest 5 of 40 rows
Ex-dateDividendAdjustedYield at ex-dateFrequencyTTM adjustedDeclaredRecord datePayment date
Sep 4, 2026$1.48
$1.48
4.15%Quarterly$5.81Jul 17, 2026Sep 4, 2026Sep 30, 2026
Jun 5, 2026$1.48
$1.48
4.05%Quarterly$5.75May 6, 2026Jun 5, 2026Jun 30, 2026
Mar 6, 2026$1.42
$1.42
3.57%Quarterly$5.69Feb 4, 2026Mar 6, 2026Mar 31, 2026
Dec 5, 2025$1.42
$1.42
3.88%Quarterly$5.62Nov 19, 2025Dec 5, 2025Jan 6, 2026
Sep 5, 2025$1.42
$1.42
3.79%Quarterly$5.56Jul 24, 2025Sep 5, 2025Sep 30, 2025
Show older history+35 rows
Jun 6, 2025$1.42
$1.42
4.22%Quarterly$5.49May 6, 2025Jun 6, 2025Jun 30, 2025
Mar 7, 2025$1.36
$1.36
3.51%Quarterly$5.42Feb 5, 2025Mar 7, 2025Mar 31, 2025
Dec 6, 2024$1.36
$1.36
3.38%Quarterly$5.33Nov 19, 2024Dec 6, 2024Jan 6, 2025
Sep 6, 2024$1.36
$1.36
2.95%Quarterly$5.24Jul 25, 2024Sep 6, 2024Sep 30, 2024
Jun 7, 2024$1.36
$1.36
3.01%Quarterly$5.15Apr 30, 2024Jun 7, 2024Jun 28, 2024
Feb 29, 2024$1.27
$1.27
3.06%Quarterly$5.06Feb 7, 2024Mar 1, 2024Apr 1, 2024
Nov 30, 2023$1.27
$1.27
2.94%Quarterly$4.95Nov 16, 2023Dec 1, 2023Jan 5, 2024
Aug 31, 2023$1.27
$1.27
2.71%Quarterly$4.83Jul 20, 2023Sep 1, 2023Sep 29, 2023
Jun 1, 2023$1.27
$1.27
2.59%Quarterly$4.72May 2, 2023Jun 2, 2023Jun 30, 2023
Mar 2, 2023$1.15
$1.15
2.65%Quarterly$4.60Feb 1, 2023Mar 3, 2023Mar 31, 2023
Dec 1, 2022$1.15
$1.15
2.43%Quarterly$4.52Nov 17, 2022Dec 2, 2022Jan 6, 2023
Sep 1, 2022$1.15
$1.15
2.57%Quarterly$4.45Jul 21, 2022Sep 2, 2022Sep 30, 2022
Jun 2, 2022$1.15
$1.15
2.62%Quarterly$4.38May 3, 2022Jun 3, 2022Jun 30, 2022
Mar 3, 2022$1.08
$1.08
2.63%Quarterly$4.30Feb 2, 2022Mar 4, 2022Mar 31, 2022
Dec 2, 2021$1.08
$1.08
2.64%Quarterly$4.25Nov 18, 2021Dec 3, 2021Jan 7, 2022
Sep 2, 2021$1.08
$1.08
2.67%Quarterly$4.20Jul 15, 2021Sep 3, 2021Sep 30, 2021
Jun 3, 2021$1.08
$1.08
2.81%Quarterly$4.14May 4, 2021Jun 4, 2021Jun 30, 2021
Mar 4, 2021$1.02
$1.02
3.17%Quarterly$4.09Feb 4, 2021Mar 5, 2021Mar 31, 2021
Dec 3, 2020$1.02
$1.02
2.78%Quarterly$4.02Nov 19, 2020Dec 4, 2020Jan 7, 2021
Sep 3, 2020$1.02
$1.02
2.84%Quarterly$3.96Jul 15, 2020Sep 4, 2020Sep 30, 2020
Jun 4, 2020$1.02
$1.02
2.98%Quarterly$3.89May 5, 2020Jun 5, 2020Jun 30, 2020
Mar 5, 2020$0.955
$0.955
2.77%Quarterly$3.82Feb 10, 2020Mar 6, 2020Mar 31, 2020
Dec 5, 2019$0.955
$0.955
2.78%Quarterly$3.79Nov 14, 2019Dec 6, 2019Jan 7, 2020
Sep 5, 2019$0.955
$0.955
2.77%Quarterly$3.76Jul 11, 2019Sep 6, 2019Sep 30, 2019
Jun 6, 2019$0.955
$0.955
2.83%Quarterly$3.74Apr 30, 2019Jun 7, 2019Jun 28, 2019
Feb 28, 2019$0.9275
$0.9275
3.21%Quarterly$3.71Feb 13, 2019Mar 1, 2019Mar 29, 2019
Dec 6, 2018$0.9275
$0.9275
3.07%Quarterly$3.59Nov 15, 2018Dec 7, 2018Jan 7, 2019
Sep 6, 2018$0.9275
$0.9275
3.05%Quarterly$3.47Jul 13, 2018Sep 7, 2018Sep 28, 2018
May 31, 2018$0.9275
$0.9275
3.33%Quarterly$3.34May 1, 2018Jun 1, 2018Jun 29, 2018
Mar 1, 2018$0.805
$0.805
2.98%Quarterly$3.22Feb 5, 2018Mar 2, 2018Mar 30, 2018
Nov 30, 2017$0.805
$0.805
2.72%Quarterly$3.17Nov 17, 2017Dec 1, 2017Jan 8, 2018
Aug 30, 2017$0.805
$0.805
2.71%Quarterly—Jul 17, 2017Sep 1, 2017Sep 29, 2017
May 31, 2017$0.805
$0.805
2.62%Quarterly—May 3, 2017Jun 2, 2017Jun 30, 2017
Mar 1, 2017$0.753
$0.7525
2.74%Quarterly—Feb 3, 2017Mar 3, 2017Mar 31, 2017
Nov 30, 2016$0.7525
$0.7525
2.96%Quarterly—Nov 18, 2016Dec 2, 2016Jan 6, 2017
Dividend context
How to read PEP's dividend profile

Dividend yield is only the starting point. Pair the current distribution with payout ratio, free cash flow coverage, balance-sheet risk, and the history of actual payments before treating income as durable.

Yield needs coverage

A higher yield is more useful when earnings and free cash flow cover the distribution. A yield caused by a falling stock price can be a warning, not a bargain.

Payment history matters

Stable or rising payments can indicate capital return discipline. Flat, skipped, or missing payments should be read with earnings and cash flow before drawing conclusions.

Payout ratio is context

A low payout ratio can leave room for growth; a high payout ratio can indicate limited cushion. Cyclical companies need more room than stable defensive businesses.

Focused follow-on paths for yield methodology, payout coverage, peer comparison, and income planning.

PEP Dividend Comparisons

How PEP's income profile compares with the peers it is most often weighed against.

Dividend calculators

Each calculator opens with this ticker's price and dividend loaded; every assumption stays editable.

Primary calculator
Calculate PEP dividend income

Estimate annual income, payment amount, yield and growth scenarios using PEP as ticker context.

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Secondary calculator
Model PEP dividend reinvestment

Explore a DRIP scenario without duplicating the full calculator on the dividend analysis page.

Model dividend reinvestment
Secondary calculator
Calculate PEP dividend yield

Check the current yield, annual income on your shares, and your yield on cost from the price you paid.

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Secondary calculator
PEP yield on cost

Enter your purchase date or price to see the yield on what you paid, today's yield beside it, and the dividends collected since.

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Continue to PEP fundamentals
Review the profitability, cash generation, and balance-sheet context behind the dividend.

PEP Dividends FAQ

Does PEP pay a dividend?

PepsiCo, Inc. (PEP) has covered dividend payment history on this page, including a latest dividend of $1.48 per share and a quarterly cadence based on available events.

What is PEP's dividend yield?

PEP's trailing dividend yield is 4.31%. Trailing dividend yield equals dividends paid over the trailing 12 months divided by the latest available share price.

When is PEP's next dividend?

PEP's next dividend has not been announced in the current AlgovestIQ snapshot. The latest completed dividend row remains available in the history table when covered data exists.

When is PEP's ex-dividend date?

PEP's latest covered ex-dividend date is Sep 4, 2026. Future ex-dividend dates are shown only when announced or explicitly projected.

How has PEP's dividend changed?

PEP's one-year dividend growth is 4.50% based on comparable covered dividend history.