PepsiCo Raises Dividend 4%, Posts 8.5% Q1 Sales Growth and Poppi Anniversary
PepsiCo reported Q1 revenue of $19.44 billion, up 8.5% year-over-year with 2.6% organic growth, and raised its quarterly dividend 4% to $1.48 per share on a 54-year increase streak. It also marked the one-year, $1.95 billion Poppi acquisition anniversary and highlighted a North America Foods portfolio reset driving volume gains.
1. Q1 2026 Results
PepsiCo generated $19.44 billion in net revenue for Q1 2026, a year-over-year increase of 8.5%, driven by 2.6% organic growth. Strength across beverage and snack segments reflected successful pricing and product mix improvements, underscoring sustained demand in key markets.
2. Dividend Increase
The company announced a 4% hike in its quarterly dividend to $1.48 per share, extending its record of annual increases to 54 consecutive years. The new payout yields approximately 4% and reinforces PepsiCo’s commitment to returning capital to shareholders.
3. Poppi Acquisition Anniversary
PepsiCo commemorated the one-year anniversary of its $1.95 billion acquisition of Poppi, leveraging the brand to expand presence in the functional beverage category. Poppi’s prebiotic-rich offerings have strengthened PepsiCo’s portfolio amid growing consumer interest in health-focused drinks.
4. Portfolio Reset Strategy
A recent portfolio reset in North America Foods emphasized affordability, innovation and productivity, driving volume growth and enhancing operational efficiency. This strategic refocus aims to accelerate momentum in 2026 by optimizing product mix and channel execution.