PepsiCo, Inc. (NASDAQ: PEP) changed 0.66% to recent value of $127.67. The stock transacted 2606213 shares during most recent day however it has an average volume of 5008.3K shares. It spotted trading -0.56% off 52-week high price. On the other end, the stock has been noted 33.07% away from the low price over the last 52-weeks.
April 30, 2019, The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) declared a quarterly dividend of $0.955 per share of PepsiCo common stock, a 3 percent increase versus the comparable year-earlier period. Today’s action is consistent with PepsiCo’s previously announced increase in its annualized dividend to $3.82 per share from $3.71 per share, which will begin with the June 2019 payment. This dividend is payable on June 28, 2019 to shareholders of record at the close of business on June 7, 2019. PepsiCo has paid consecutive quarterly cash dividends since 1965, and 2019 marked the company’s 47th consecutive annual dividend increase.
PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $64 billion in net revenue in 2018, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales.
Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. “Winning with Purpose” reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. For more information, visit www.pepsico.com
PEP has a gross margin of 54.80% and an operating margin of 15.90% while its profit margin remained 19.40% for the last 12 months. Its earnings per share (EPS) expected to touch remained 71.30% for this year while earning per share for the next 5-years is expected to reach at 4.92%.
The company has 1406M of outstanding shares and 1398.93M shares were floated in the market. According to the most recent quarter its current ratio was 0.9 that represents company’s ability to meet its current financial obligations. The price moved ahead of 2.33% from the mean of 20 days, 5.75% from mean of 50 days SMA and performed 11.30% from mean of 200 days price. Company’s performance for the week was 1.00%, 5.03% for month and YTD performance remained 15.56%.
Cory Savage – Category – Business
Before joining Connecting Investor, Cory Savage worked as a freelance writer. He has more than 10 years’ experience in journalism and public relations. His experience in public relations includes press releases, promotional materials, and working with media outlets. He also has professional experience writing news, technology, and business stories. Cory leared CFA Level 2 from CFA Institute (USA). He has worked in diverse capacities from financial research to currency trading in a span of 3 years. Cory Savage covers Business news section.
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