PepsiCo Beats Earnings Estimates and Hikes Dividend. The Stock Is Rising.

PepsiCo Beats Earnings Estimates and Hikes Dividend. The Stock Is Rising.

Business
February 9, 2023 by secret
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[ad_1] Text size PepsiCo increased its annual dividend by 10%, its 51st consecutive annual increase. Scott Olson/Getty Images PepsiCo beat earnings and revenue estimates in the fourth quarter, driven by higher prices. It increased its annual dividend, sending the stock higher in premarket trading Thursday. The beverages and snacks giant (ticker:PEP) reported adjusted earnings per