PepsiCo Shines as a Socially Responsible Dividend Leader
Recognized for Strong Yield and Social Responsibility
PepsiCo Inc (Symbol: PEP) has been highlighted as a Top Socially Responsible Dividend Stock by Dividend Channel. This recognition comes due to its impressive ”DividendRank” statistics, featuring a solid yield of 3.7%. The company has also garnered attention from leading asset managers who evaluate it against social and environmental benchmarks. Environmental assessments take into account the effect of PepsiCo’s products and services on nature, as well as how effectively the company utilizes energy and resources. On the social front, considerations include human rights practices, the absence of child labor, corporate diversity, and the company’s societal impact, particularly in relation to industries such as weapons, gambling, tobacco, and alcohol.
In addition, according to the ETF Finder at ETF Channel, PepsiCo Inc is included in both the iShares MSCI USA ESG Select ETF (SUSA), contributing 0.43% of its holdings, and the iShares MSCI KLD 400 Social Index Fund ETF (DSI), where it represents 0.74% of the fund’s assets.
PepsiCo pays an annualized dividend of $5.42 per share, distributed quarterly. The latest ex-dividend date was December 6, 2024. Below is a long-term chart showcasing the dividend history of PEP, which the DividendRank report emphasized as crucial for potential investors. Analyzing a company’s past dividend performance can provide insights into the likelihood of future payments remaining steady.
PEP operates in the Beverages & Wineries sector, competing with other major companies like Coca-Cola Co (KO) and Fomento Economico Mexicano, S.A.B. de C.V. (FMX).
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