NorthernTrust News & Analysis

PepsiCo (PEP) Yields 4.0% With $3.3M Capital Requirement

PepsiCo (PEP) currently offers a yield of 4.0% with an annualized forward dividend of $5.92 after increasing its quarterly payout to $1.48. Northern Trust recently raised its quarterly dividend by 10%. To achieve a monthly income of $9,700, one would need approximately $3,325,000 in capital at a 3.5% yield. The article highlights the importance of understanding income requirements for retirement, particularly with the ongoing economic climate and various investment yields. This information is crucial for investors planning for retirement income and capital allocation.