PepsiCo, Inc. (NASDAQ:PEP) is one of the 10 Safest Dividend Stocks to Buy Right Now.
PepsiCo, Inc. (NASDAQ:PEP) restructured its credit facilities on May 22, 2026, to maintain short- and long-term liquidity
The company replaced its existing $5 billion 364-day unsecured revolving credit facility with a new one expiring May 21, 2027. At the same time, the company swapped its $5 billion five-year facility for a new agreement extending through May 22, 2031, featuring a €1.2 billion swingline subfacility. Both arrangements were managed by Citibank and allow capacity expansions up to $5.75 billion.
The purpose is to increase support for general corporate needs without increasing headline commitments. In another development, on May 6, 2026, PepsiCo, Inc. (NASDAQ:PEP) declared a quarterly dividend of $1.48 per share of common stock – a 4% increase compared to the prior period. The increase is in line with the company’s previously announced increase in annualized dividend from $5.69 to $5.92 per share.