Does Pepsi pay monthly dividends?
PepsiCo, Inc. ( PEP ) pays dividends on a quarterly basis. The next dividend payment is planned on April 1, 2024 .
Dividend Summary
The next PepsiCo Inc dividend went ex yesterday for 126.5c and will be paid in 1 month. The previous PepsiCo Inc dividend was 126.5c and it went ex 3 months ago and it was paid 2 months ago. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.5.
When can you pay dividends? You can distribute dividends any time and at any frequency throughout the year, providing there is enough profit in your company to do so. You need to ensure that all the dividend payments are covered by the company profits net of corporation tax.
The Company normally pays dividends four times a year, usually April 1, July 1, October 1 and December 15. Shareowners of record can elect to receive their dividend payments electronically or by check in the currency of their choice.
PepsiCo stock previously split three-for-one in 1990, 1986 and 1977. The stock split two-for-one in 1967. A $1,000 investment in PepsiCo stock when the company was established in 1965 is today worth, with reinvested dividends, over $100,000.
The highest analyst price target is $210.00 ,the lowest forecast is $172.00. The average price target represents 12.21% Increase from the current price of $168.83. PepsiCo's analyst rating consensus is a Moderate Buy.
PepsiCo's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2023 was 10.68%. As of today (2024-03-02), PepsiCo's WACC % is 6.18%. PepsiCo's ROIC % is 12.83% (calculated using TTM income statement data).
Dividend-paying Stocks
Shares of public companies that split profits with shareholders by paying cash dividends yield between 2% and 6% a year. With that in mind, putting $250,000 into low-yielding dividend stocks or $83,333 into high-yielding shares will get your $500 a month.
| Stock | Market Capitalization | 12-month Trailing Dividend Yield |
|---|---|---|
| Modiv Industrial Inc. (MDV) | $112 million | 7.7% |
| LTC Properties Inc. (LTC) | $1.3 billion | 7.2% |
| Realty Income Corp. (O) | $44 billion | 6.4% |
| PermRock Royalty Trust (PRT) | $53 million | 10.3% |
For example, if the average yield is 3%, that's what we'll use for our calculations. Keep in mind, yields vary based on the investment. Calculate the Investment Needed: To earn $1,000 per month, or $12,000 per year, at a 3% yield, you'd need to invest a total of about $400,000.
Which company pays highest dividend?
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| Company | Dividend Yield |
|---|---|
| Big 5 Sporting Goods Corp (BGFV) | 18.70% |
| Ready Capital Corp (RC) | 13.68% |
| Arbor Realty Trust Inc. (ABR) | 13.52% |
| Dynex Capital, Inc. (DX) | 12.64% |
There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.7. Our premium tools have predicted McDonald's Corp with 95% accuracy. Sign up for McDonald's Corp and we'll email you the dividend information when they declare.
Largest shareholders include Vanguard Group Inc, BlackRock Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Morgan Stanley, Invesco Qqq Trust, Series 1, Bank Of America Corp /de/, and Jpmorgan Chase & ...
Dividend Data
PEP 's annual dividend is $5.06 per share. This is the total amount of dividends paid out to shareholders in a year. PepsiCo, Inc.'s ( PEP ) ex-dividend date is February 29, 2024 , which means that buyers purchasing shares on or after that date will not be eligible to receive the next dividend payment.
PepsiCo's Direct Stock Purchase & Dividend Reinvestment Plan, sponsored by Computershare, allows interested investors to purchase shares of PepsiCo stock. Investors can make their initial purchase of PepsiCo stock and additional cash investments through the Plan.
Key Points. PepsiCo is a gigantic global snack and beverage maker. The company has been performing fairly well, despite rising costs and higher interest rates. Given the long-term strength of the company, the stock looks reasonably attractive today.
PEP boasts an average earnings surprise of 6%. PepsiCo is also cash rich. The company has generated cash flow growth of 6.1%, and is expected to report cash flow expansion of 10.6% in 2024.
PepsiCo stock price stood at $164.59
According to the latest long-term forecast, PepsiCo price will hit $200 by the end of 2027 and then $250 by the middle of 2029. PepsiCo will rise to $300 within the year of 2032 and $350 in 2035.
Pepsi is a quality investment. Its sales and profit numbers are moving in the right direction, its stock is affordably priced compared to earnings, and it's a fairly low-risk stock that can provide stable growth for your portfolio.
Why to invest in Pepsi stock?
The stock has crushed the Zacks Consumer Staples sector and rival Coca-Cola (KO) over the last decade. Plus, its dividend yield is solid and its valuation levels are intriguing. PepsiCo's brands include Gatorade, Tostitos, Pepsi, Bubly, and much more.
| Holder | Shares | Date Reported |
|---|---|---|
| JP Morgan Chase & Company | 21,393,574 | Dec 30, 2023 |
| Charles Schwab Investment Management, Inc. | 19,001,928 | Dec 30, 2023 |
| Northern Trust Corporation | 16,235,649 | Dec 30, 2023 |
| Norges Bank Investment Management | 15,815,703 | Dec 30, 2023 |
The truth is that most investors won't have the money to generate $1,000 per month in dividends; not at first, anyway. Even if you find a market-beating series of investments that average 3% annual yield, you would still need $400,000 in up-front capital to hit your targets. And that's okay.
To generate $5,000 per month in dividends, you would need a portfolio value of approximately $1 million invested in stocks with an average dividend yield of 5%. For example, Johnson & Johnson stock currently yields 2.7% annually. $1 million invested would generate about $27,000 per year or $2,250 per month.
They pay above-average-yielding dividends that grow each year. Enterprise Products Partners (NYSE: EPD), NextEra Energy (NYSE: NEE), and Brookfield Infrastructure (NYSE: BIPC)(NYSE: BIP) stand out to three Fool.com contributors for their incredible ability to pay dividends.
