
PepsiCo Inc. (PEP) announced a 5% dividend increase with its Q4 earnings release (Feb. 4, 2025), starting with the June dividend per share (DPS) quarterly payment.
As a result, PEP stock now has a prospective dividend yield of over 3.93%. That is 42% higher than its average yield of 2.77% over the last five years. This makes it attractive to value investors.