NEW YORK (

TheStreet

) -- The ex-dividend date for

PepsiCo

(NYSE:

PEP

) is tomorrow, May 30, 2012. Owners of shares as of market close today will be eligible for a dividend of 54 cents per share. At a price of $68.63 as of 9:30 a.m. ET, the dividend yield is 3.1%.

The average volume for PepsiCo has been 7.1 million shares per day over the past 30 days. PepsiCo has a market cap of $107.35 billion and is part of the

consumer goods

sector and

food & beverage

industry. Shares are up 3.5% year to date as of the close of trading on Friday.

PepsiCo, Inc. engages in the manufacture and sale of snacks, carbonated and non-carbonated beverages, dairy products, and other foods worldwide. The company has a P/E ratio of 17, 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 revenue growth, notable return on equity, reasonable valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated. You can view the full

PepsiCo Ratings Report

.

See our

dividend calendar

or

top-yielding stocks list

.

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