NEW YORK (

TheStreet

) -- The ex-dividend date for

PepsiCo Inc

(NYSE:

PEP

) is tomorrow, August 31, 2011. Owners of shares as of market close today will be eligible for a dividend of 52 cents per share. At a price of $64.04 as of 9:30 a.m. ET, the dividend yield is 3.3%.

The average volume for PepsiCo has been 8.9 million shares per day over the past 30 days. PepsiCo has a market cap of $100 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are down 1.8% year to date as of the close of trading on Monday.

PepsiCo, Inc. manufactures, markets, and sells various foods, snacks, and carbonated and non-carbonated beverages worldwide. The company operates in four divisions: PepsiCo Americas Foods (PAF), PepsiCo Americas Beverages (PAB), PepsiCo Europe, and PepsiCo Asia, Middle East and Africa (AMEA). The company has a P/E ratio of 16.1, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates PepsiCo as a

buy

. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, increase in net income, expanding profit margins and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. You can view the full

PepsiCo Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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