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PEP Dividend Calculator

PepsiCo, Inc. yields 4.51%, comfortably above the 2.92% median across US dividend payers. That puts PEP in the range where the income is the main reason to hold it, and where the durability of the payment does most of the work in any long-run figure.

PEP paid $5.81 per share over the last twelve months on a quarterly schedule. Enter any amount below, or use the worked figures.

Your investment

PEP

PepsiCo, Inc.

4.51%

yield

$128.63 per shareQuarterlyStock
$
10 years
11530

Dividend income

$10,000 in PEP pays you

$451.29

per year

Paid each quarter
$112.82
Monthly average
$37.61
Shares bought
77.74
Payments a year
4

Total over 10 years, taken as cash

$4,512.94

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Based on the trailing twelve-month dividend, assuming it stays flat. Payments are not guaranteed and can be cut or suspended at any time. Figures are before tax and exclude any change in the share price.

PEP dividend income by investment amount

Based on the current yield of 4.51%. Figures are before tax and assume the dividend stays at its present level.

Dividend income from PEP at a range of investment amounts.
InvestedPer yearPer paymentMonthly average
$1,000$45.13$11.28$3.76
$5,000$225.65$56.41$18.80
$10,000$451.29$112.82$37.61
$25,000$1,128.24$282.06$94.02
$50,000$2,256.47$564.12$188.04
$100,000$4,512.94$1,128.24$376.08

PEP with dividends reinvested

$10,000 in PEP, every dividend reinvested, holding the payment and share price flat. Deliberately conservative — most calculators assume years of uninterrupted growth, and that assumption drives most of the result.

After 10 years
$15,664

$14,513 taking the income as cash

After 20 years
$24,535

$19,026 taking the income as cash

After 30 years
$38,432

$23,539 taking the income as cash

Model PEP with dividend growth →

What makes up PEP's 4.51% yield

PEP paid $5.80 per share over the last twelve months against a share price of $128.63, which is where the 4.51% comes from. Special and one-off distributions are excluded from that figure — they do not recur, and including them would overstate every projection below.

Yields at this level usually have a structural explanation rather than a mispricing: the company is organised to distribute income rather than retain it. Worth checking how PEP's current yield compares with its own history, since a sharp recent rise more often reflects a falling price than a raised payment.

Staples businesses sell things people buy in every part of a cycle, which is what has historically allowed long uninterrupted payment records in this sector. The trade-off is that the growth funding those raises is usually modest.

When PEP pays, and what that changes

PEP pays quarterly, the standard schedule for US-listed payers, so the "per payment" column is one quarter of the annual figure and the "monthly average" column is a smoothed figure rather than a description of when cash arrives — nothing is paid in eight months of the year.

Each payment has an ex-dividend date, and it is the date that governs entitlement: shares bought on or after it do not carry that payment. PEP's full schedule and payment history are on its dividend page.

Is PEP's dividend covered by earnings?

PEP's payout ratio of 0.74 means about 74% of earnings are committed to the dividend. That is within earnings but a narrower margin than the sub-0.60 range generally considered comfortable, so a weaker year absorbs more of the cover.

Demand in this kind of business holds up across a cycle, so the earnings behind the ratio move less than the market's average and the figure is reasonably representative rather than a snapshot of a good year.

Every figure above holds PEP's dividend flat. That is a conservative assumption here: the payment has risen in each of the last 53 years, and repeating that record would put the real result above these numbers. It is stated as an assumption rather than built in because a streak describes what has happened, not what is promised.

PEP dividend calculator FAQ

How much does $10,000 in PEP pay in dividends?
At PEP's current yield of 4.51%, $10,000 pays about $451.29 a year — roughly $112.82 per payment, paid quarterly, or $37.61 a month averaged out.
What would PEP be worth after 10 years with dividends reinvested?
Reinvesting every dividend and assuming the payment and share price both stay flat, $10,000 in PEP would grow to about $15,664 after 10 years, against $14,513 if the income were taken as cash. That deliberately assumes no dividend growth — a real holding may do better or considerably worse.
How often does PEP pay dividends?
PEP pays quarterly — 4 payments a year — based on its actual payment history rather than an assumed schedule.
Is PEP's dividend guaranteed?
No. Dividends are discretionary and can be reduced or suspended at any time, and every figure here is a projection from the current yield rather than a forecast. Check PEP's full payment history before relying on any of it.
Why is PEP's dividend yield so high?
PEP yields 4.51% against a 2.92% median across US dividend payers. A yield is a ratio, so it rises either because the payment went up or because the share price came down — and the figure alone does not say which. Yields this far above the market among ordinary operating companies are unusual and often reflect what the market expects rather than what has been announced.
Has PEP increased its dividend every year?
PEP has raised its dividend in each of the last 53 years on our records, which are derived from split-adjusted payment history and are approximate. The projections above deliberately ignore that growth and hold the payment flat, so a continuation of the record would put the real outcome above the figures shown.

More on PEP

PepsiCo, Inc. is a common stock trading at $128.63 per share, paying quarterly. — All figures before tax. Not financial advice.