PepsiCo has appointed Tanvi Swami, formerly a senior marketer at Pernod Ricard and Kellogg, as Marketing Director for Pepsi, 7UP and Mirinda, while its Board approved a 4% increase in the quarterly dividend to $1.48 per share, payable on September 30, 2026 to shareholders of record on September 4, 2026. The dividend hike lifts the annualized payout to $5.92, reinforcing the company's focus on consistent cash returns to shareholders. These moves underscore PepsiCo's emphasis on brand-building and dependable shareholder payouts at a time when international demand is helping to offset margin pressures in North America. The leadership change and dividend increase do not materially alter the slower-growth investment narrative, which projects $106.6 billion in revenue and $12.4 billion in earnings by 2029, requiring 3.2% yearly revenue growth.
PepsiCo IncBoard approved 4% dividend increase to $1.48 per share, reinforcing shareholder returns.
Pernod Ricard S.A.