Pepsico hikes annual dividend by 15% to $3.71

|By:, SA News Editor

Pepsico (NYSE:PEP) hiked its annual dividend by 15% to $3.71 ($0.9275/share quarterly), effective with the dividend expected to be paid in June 2018.

The company to repurchase up to $15B common stock commencing on July 1, 2018, replacing the $12B repurchase program that is scheduled to expire on June 30, 2018.

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