SmarterDividends
PEP

PepsiCo, Inc.

PEP53 yrs growth

Consumer Defensive · Stock · quarterly payer

Forward Yield

4.16%

Annual Dividend

$5.92

Payout Ratio

89%

5-Yr Growth

6.8%

Ex-Date

Jun 5, 2026

Frequency

Quarterly

PEP Dividend Safety Score

81/ 100
Grade A

Very Safe

Dividend-growth streak53 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage89% of earnings paid out
Free-cash-flow coverage93% of free cash flow
Balance-sheet strengthDebt/equity of 2.45
Yield vs its historyYield is 1.4× its 5-yr average — elevated

SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.

Dividend Growth

Total dividends per share by year

Is PEP a good dividend stock?

Yes

PepsiCo, Inc. (PEP) pays a quarterly dividend yielding 4.16% ($5.92/yr), with 53 years of growth and a dividend-safety grade of A. It scores well across payout coverage, growth history and safety — a dependable income holding.

Advantages

  • Dividend King — 53 straight years of increases
  • Never cut its dividend on record
  • Strong 6.8% 5-yr dividend growth
  • Top-tier dividend safety score

Risks

  • Elevated payout ratio (89%)
  • Share price is down over the past 5 years

Key Data

Dividend Yield
4.16%
Payout Ratio
89%
Annual Dividend
$5.92
5-Yr Avg Growth
6.8%
Ex-Dividend Date
Jun 5, 2026
Years of Growth
53
Frequency
quarterly
Beta
0.36
Market Cap
$194.3B
P/E Ratio
22.3
5-Yr Total Return
-4%
52-Week Range
$127.60 – $171.48
Dividend Safety
A · 81/100
Ever Cut?
No
PEP ex-dividend date & scheduleNext ex-date Jun 5, 2026 · full ex-dividend historyView →

Frequently Asked Questions

Income Calculator

At $5.92 / yr per share

Per payment (quarterly)$148.00
Annual$592.00
Monthly avg$49.33