PepsiCo, Inc.

PEP
Consumer DefensiveDividend King
$150.57
3.78%Undervalued

PepsiCo, Inc. (PEP) is a Consumer Defensive company that currently yields 3.78% — historically undervalued based on 10 years of dividend yield history. The Weiss valuation model places the undervaluation threshold at $145.55 and the overvaluation threshold at $198.70. PepsiCo, Inc. holds a quality score of 50/100 (Average), reflecting 54 consecutive years of dividend growth with a 89% payout ratio. The 5-year dividend CAGR stands at 6.9%.

PEP Dividend Yield History — Weiss Valuation

Underval. $145.55Overval. $198.70

Distance to undervalued

In undervalued territory

Price sits 0.0% below the Weiss buy zone ceiling

The current yield already clears the historical undervaluation threshold. The next question is whether the dividend quality and payout profile deserve that higher yield.

Zone ceiling

$145.55

Current yield

3.78%

Research checklist

What to clear before buying the yield

Updated May 25, 2026

Dividend durability

54Y

Long dividend history supports a deeper look.

Earnings payout

89%

Coverage deserves a closer look in filings.

Cash payout

93%

Confirm cash conversion and one-off effects.

Dividend growth

6.9%

Recent growth adds income compounding potential.

What changed

What changed since the last update

2026-05-232026-05-25

No major change in signal, yield, price, quality, or payout since the last update.

Why Now?

PepsiCo, Inc. is trading near its historical undervaluation band.

Current yield 3.8% vs historical max 4.4% (86% of maximum).

14 consecutive years without a dividend cut.

Elevated payout ratio of 89%.

What matters now

Read the signal before the headline yield

Valuation is the invitation here: the yield is elevated versus its own history.

The 50/100 quality score says the headline yield needs extra skepticism.

Start by checking whether payout coverage and business durability still support the dividend.

PEP Dividend Income Projection — DRIP Compounder

Dividend Compounder (DRIP)

$

Year 1 Income

$404

Year 10 Income

$1,178

Yield on Cost

12.65%

Total Income

$7,165

Assumes dividends reinvested at current price. Simplified model — for illustrative purposes only.

More research

Full price history & technical analysis

TradingView ↗

Fundamentals, valuation & analyst ratings

FinViz ↗

Moat rating & analyst fair value

Morningstar ↗

PEP Dividend Quality Score

Quality Score

50/ 100

Average

Payout Ratio0/25
Dividend Streak20/25
Growth (CAGR 5Y)15/20
Yield vs History15/15
FCF Coverage0/15

Key Metrics

Current Price$150.57
Annual Dividend$5.69
Current Yield3.78%
Yield — Max (10Y)4.37%
Yield — Min (10Y)2.96%
Undervalued Below$145.55
Overvalued Above$198.70
Payout Ratio89.32%
CAGR Dividend 5Y6.9%
CAGR Dividend 10Y7.4%
Years No Cut14y
In the buy zone

PEP is historically undervalued. Ready to add it to your portfolio?

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54
consecutive years of dividend growth