Pepsico, Inc. (NYSE:PEP) Updates On Dividend Release Date


On 2016-07-15, Pepsico, Inc. (NYSE:PEP) confirmed the dividend disbursement of $0.752 a share to shareholders as on record 2016-09-02. The firm will release dividend on 2016-09-30 while ex-dividend date is reported to be 2016-08-31.

The shareholders who will hold their stock holding till the ex-dividend date will receive payout. Last year, Pepsico, Inc. (NYSE:PEP) paid a total of $0.752 per share in dividends. This figure stood at $0.752 a share in the same period a year ago indicating a deviation of 9.0819%.

Analyst Opinion The sell-side market experts layering the stock estimates have established a price target of $120.571 on the stock. This figure is the average of recommendations offered by 7 brokerages. The brokerages had set bullish as well as bearish price estimates, which stands at $124 and $115, respectively.

Taking the mathematical rating formula, the price for Pepsico, Inc. (NYSE:PEP) stands at 1.46. Earnings Review Pepsico, Inc. (NYSE:PEP) will report its quarterly earnings for the period ending on 2016-09-30 by 2016-10-04. For the period ending on 2016-09-30, experts are expecting EPS of $1.31.

Coming to the quarter ending on 2015-12-31, Pepsico, Inc. (NYSE:PEP) recorded EPS of $1.35. The reported numbers came lower than the analysts’ estimates of $1.28, demonstrating a miss of $0.07 as against reported figures.

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