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PepsiCo Has Raised Dividends in Each of the Past 50+ Years

publication date: Apr 23, 2024
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Image: Pepsi’s shares continue to be choppy, but we like its consecutive annual dividend growth streak. 

On April 23, PepsiCo reported solid first-quarter 2024 results that showed a beat on both the top and bottom lines. The beverage and snacks giant plans to return $8.2 billion in cash to shareholders during 2024, with dividends accounting for $7.2 billion and share buybacks the balance. We love PepsiCo’s consecutive annual dividend growth streak, and the firm continues to deliver where it counts.


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