Another Dividend Boost for Pepsi

As expected, PepsiCo (PEP) raised its quarterly dividend to 70.25 cents a share, up from 65.50 cents, a 7.3% bump. It was the company’s 43rd consecutive increase. The dividend is payable June 30 to shareholders of record on June 5. The stock closed Tuesday at $95.42, but was trading slightly higher after hours following the […]

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