"What is the current pep dividend yield and how is it calculated?"

The current dividend yield of PepsiCo, Inc.

(PEP) is around 2.88%, with a trailing twelve-month dividend payout of $5.06, as of June 2024.

PepsiCo's most recent quarterly dividend payment was $1.2650 per share, made to shareholders on April 1, 2024, with the next quarterly dividend payment set for June 28, 2024.

Over the past 10 years, PEP's dividends per share have been stable, with a growing dividend payment, making it an attractive option for investors seeking dividend income.

The dividend growth rate of PepsiCo is around 10%, with the company increasing its dividend six times over the past five years, according to MarketBeat and Zacks.

The dividend yield is calculated by dividing the annual dividend payment by the prevailing share price, giving investors an idea of the return on investment.

PepsiCo's dividend yield is higher compared to its peers, making it a lucrative option for investors seeking dividend income.

According to Yahoo Finance, PepsiCo Inc's dividend history shows a consistent payout ratio, with the company increasing its dividend six times over the past five years.

The ex-dividend date is the date by which shareholders must own the stock to receive the dividend payment, and it is usually set a few days before the dividend payment date.

PepsiCo's dividend yield is 381% higher than the 15-year average and 903% higher than the 20-year average, according to FinanceCharts.com.

The dividend yield measures the ratio of dividends paid to the share price, giving investors an idea of the return on investment, with higher yields indicating a higher return.

Companies with a higher dividend yield tend to have a business model that allows them to pay out more dividends from net income, such as real estate and consumer defensive stocks.

PepsiCo's dividend yield is well-covered by earnings, indicating that the company has sufficient profits to continue paying dividends to shareholders.