The Board of Directors of PepsiCo, Inc. declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7% increase versus the comparable year-earlier period. This action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which will begin with the June 2024 payment. This dividend is payable on June 28, 2024 to shareholders of record at the close of business on June 7, 2024.