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8-K - FORM 8-K - PEPSICO INC | y91180e8vk.htm |
EX-3.1 - EX-3.1 - PEPSICO INC | y91180exv3w1.htm |
EX-3.2 - EX-3.2 - PEPSICO INC | y91180exv3w2.htm |
EXHIBIT 99.1
Purchase, New York Telephone: 914-253-2000 www.pepsico.com
Contacts:
|
Investor | Media | ||
Jamie Caulfield | Jeff Dahncke | |||
Senior Vice President, Investor Relations | Senior Director, Media Bureau | |||
914-253-3035 | 914-253-3941 | |||
jamie.caulfield@pepsico.com | jeff.dahncke@pepsico.com |
PepsiCo Announces Dividend Increase
PURCHASE, N.Y. MAY 4, 2011 The Board of Directors of PepsiCo, Inc. (NYSE: PEP) has
declared a seven percent increase in the companys annual dividend, from the current annual rate of
$1.92 to $2.06 per share on PepsiCo common stock. It is the companys thirty-ninth consecutive
annual dividend increase.
The quarterly dividend of $0.515 is payable June 30, 2011, to shareholders of record on June 3,
2011.
PepsiCo has a long and consistent track record of delivering strong operating results and
achieving top-tier financial performance, said PepsiCo Chairman and CEO Indra Nooyi. The Boards
decision to once again raise the annual dividend reflects our confidence in both the near- and
long-term growth of our business as well as our ongoing commitment to delivering strong cash
returns to shareholders. Since the beginning of 2001, we have returned over $48 billion to
shareholders in the form of dividends and share repurchases.
About PepsiCo
PepsiCo offers the worlds largest portfolio of billion-dollar food and beverage brands, including
19 different product lines that generate more than $1 billion in annual retail sales each. Our main
businesses Quaker, Tropicana, Gatorade, Frito-Lay, and Pepsi Cola also make hundreds of other
enjoyable foods and beverages that are respected household names throughout the world. With net
revenues of approximately $60 billion, PepsiCos people are united by our unique commitment to
sustainable growth by investing in a healthier future for people and our planet, which we believe
also means a more successful future for PepsiCo. We call this commitment Performance with Purpose:
PepsiCos promise to provide a wide range of foods and beverages for local tastes; to find
innovative ways to minimize our impact on the environment, including by conserving energy and water
usage, and reducing packaging volume; to provide a great workplace for our associates; and to
respect, support, and invest in the local communities where we operate. For more information,
please visit www.pepsico.com.
Cautionary Statement
Statements in this communication that are forward-looking statements are based on currently
available information, operating plans and projections about future events and trends. They
inherently involve risks and uncertainties that could cause actual results to differ materially
from
those predicted in such forward-looking statements. Such risks and uncertainties include, but are
not limited to: changes in demand for PepsiCos products, as a result of changes in consumer
preferences and tastes or otherwise; damage to PepsiCos reputation; PepsiCos ability to grow its
business in developing and emerging markets or unstable political conditions, civil unrest or other
developments and risks in the countries where PepsiCo operates; trade consolidation or the loss of
any key customer; changes in the legal and regulatory environment; PepsiCos ability to build and
sustain proper information technology infrastructure, successfully implement its ongoing business
transformation initiative or outsource certain functions effectively; unfavorable economic
conditions in the countries in which PepsiCo operates; fluctuations in foreign exchange rates;
PepsiCos ability to compete effectively; increased costs, disruption of supply or shortages of raw
materials and other supplies; disruption of PepsiCos supply chain; climate change, or legal,
regulatory or market measures to address climate change; PepsiCos ability to hire or retain key
employees or a highly skilled and diverse workforce; failure to successfully renew collective
bargaining agreements or strikes or work stoppages; and failure to successfully complete or
integrate acquisitions and joint ventures into PepsiCos existing operations.
For additional information on these and other factors that could cause PepsiCos actual results to
materially differ from those set forth herein, please see PepsiCos filings with the SEC, including
its most recent annual report on Form 10-K and subsequent reports on Forms 10-Q and 8-K. Investors
are cautioned not to place undue reliance on any such forward-looking statements, which speak only
as of the date they are made. PepsiCo undertakes no obligation to update any forward-looking
statements, whether as a result of new information, future events or otherwise.
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