05-06-2014, 10:41 PM
Big raise from PEPSI!
From .5675 per share to .655 per share. It is a 15 percent raise quarter over quarter, and a better than 10 percent raise year over year. Much better then we've seen in a long while from PEP.
Here's the press release.
This will raise the payout ratio to about 55 percent, by my math -- higher than it's been in years -- unless they are looking at better earnings than they are letting on.
In any case, a VERY solid raise. I wish I had some shares.
From .5675 per share to .655 per share. It is a 15 percent raise quarter over quarter, and a better than 10 percent raise year over year. Much better then we've seen in a long while from PEP.
Here's the press release.
This will raise the payout ratio to about 55 percent, by my math -- higher than it's been in years -- unless they are looking at better earnings than they are letting on.
In any case, a VERY solid raise. I wish I had some shares.