PURCHASE, N.Y., Nov. 14 /PRNewswire-FirstCall/ -- The Board of Directors
of PepsiCo, Inc. (NYSE: PEP) today declared a quarterly dividend of $0.425 per
share on PepsiCo common stock. The dividend is payable Jan. 2, 2009, to
shareholders of record on Dec. 5, 2008.
About PepsiCo
PepsiCo is one of the world's largest food and beverage companies, with
2007 annual revenues of more than $39 billion. The company employs
approximately 185,000 people worldwide, and its products are sold in
approximately 200 countries. Its principal businesses include: Frito-Lay
snacks, Pepsi-Cola beverages, Gatorade sports drinks, Tropicana juices and
Quaker foods. The PepsiCo portfolio includes 18 brands that generate
$1 billion or more each in annual retail sales. PepsiCo's commitment to
sustainable growth, defined as Performance with Purpose, is focused on
generating healthy financial returns while giving back to communities the
company serves. This includes meeting consumer needs for a spectrum of
convenient foods and beverages, reducing the company's impact on the
environment through water, energy and packaging initiatives, and supporting
its employees through a diverse and inclusive culture that recruits and
retains world-class talent. PepsiCo is listed on the Dow Jones Sustainability
North America Index and the Dow Jones Sustainability World Index. For more
information, please visit www.pepsico.com.
Cautionary Statement
This release contains statements concerning PepsiCo's expectations for
future performance. These "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 PepsiCo's products, as a result of shifts in
consumer preferences or otherwise; PepsiCo's ability to maintain its
reputation; PepsiCo's ability to build and sustain its information technology
infrastructure, successfully implement its business process transformation
initiative or outsource certain functions effectively; fluctuations in the
cost and availability of raw materials; PepsiCo's ability to compete
effectively; disruption of its supply chain; trade consolidation, the loss of
any key customer, or failure to maintain good relationships with its bottling
partners; changes in the legal or regulatory environment; PepsiCo's ability to
hire or retain key employees; unfavorable economic, environmental or political
conditions in the countries where its operates; market risks arising from
changes in commodity prices, foreign exchange rates and interest rates; and
risks that benefits from PepsiCo's Productivity for Growth Initiative may not
be achieved or may take longer to achieve than expected or may cost more than
currently anticipated. For additional information on these and other factors
that could cause PepsiCo's actual results to materially differ from those set
forth herein, please see PepsiCo's filings with the Securities and Exchange
Commission, 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.
SOURCE PepsiCo, Inc.
