PepsiCo, Inc. (PEP)
After hours:
- CNN Business
Spicy dispute over the origins of Flamin’ Hot Cheetos winds up in court
A former PepsiCo executive is suing the company, saying it destroyed his career after questioning his claim that he invented the popular flavor of Cheetos snacks.
- PR Newswire
PepsiCo Declares Quarterly Dividend
The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent increase versus the comparable year-earlier period. Today's action is consistent with PepsiCo's previously announced increase in its annualized dividend to $5.42 per share from $5.06 per share, which began with the June 2024 payment. This dividend is payable on September 30, 2024 to shareholders of record at the close of business on September 6, 2024.
- Bloomberg
US Economy Grew Faster Than Expected Last Quarter on Firm Demand
(Bloomberg) -- US economic growth accelerated by more than forecast in the second quarter, illustrating demand is holding up under the weight of higher borrowing costs.Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerStocks Caught in Tug of War Between Tech and Rest: Markets WrapMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’I Changed My Mind. The Fed Needs to Cut Rates Now.Gross domestic product i
