PepsiCo, Inc. (PEP)
After hours:
- Yahoo Finance
Coca-Cola CEO: Inflation will normalize throughout 2024
The beverage giant is seeing normalizing costs for sugar, aluminum cans, and more.
- PR Newswire
PepsiCo Declares Quarterly Dividend
The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which will begin with the June 2024 payment. This dividend is payable on June 28, 2024 to shareholders of record at the close of business on June 7, 2024. Peps
- Reuters
Norway's wealth fund backs bid for PepsiCo biodiversity risk assessment
Norway's sovereign wealth fund plans to back a shareholder proposal demanding PepsiCo conduct a biodiversity risk assessment to gauge how vulnerable the soft drink and snacks giant's operations are to biodiversity loss. The decision by PepsiCo's seventh-largest shareholder adds to signs that biodiversity-related risks to businesses are rising up the agenda for investors. It also challenges the PepsiCo board's recommendation to shareholders that they reject the proposal at the annual general meeting on Wednesday.
