May 7, 2008
PepsiCo Pours Larger Dividend
“The dividend reflects our continued commitment to maximize the value of our shareholders' investment and our confidence in the future growth of our business.”
PepsiCo shareholders are a hydrated bunch. On Wednesday, PepsiCo announced an increase in its annual dividend to $1.70 per common share, up 20 cents from $1.50 per share last year. via Forbes.com
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