PepsiCo hikes dividend by 4%

Dividend Aristocrat PepsiCo (PEP) hikes dividend by 4% to $1.48 quarterly per share in 2026. This marks 54 consecutive years of increases by PepsiCo. This is the smallest dividend hike by PEP since 2019 (+3.0%). PepsiCo also is a Dividend Hero in 2026 but will be dropped from the list because of the dividend cut that's smaller than the required minimum of 5%.