PepsiCo Stock To Go Ex-dividend Tomorrow (PEP)

NEW YORK ( TheStreet) -- The ex-dividend date for PepsiCo (NYSE: PEP) is tomorrow, February 29, 2012. Owners of shares as of market close today will be eligible for a dividend of 52 cents per share. At a price of $63.53 as of 9:30 a.m. ET, the dividend yield is 3.3%.

The average volume for PepsiCo has been 6.5 million shares per day over the past 30 days. PepsiCo has a market cap of $103.5 billion and is part of the consumer goods sector and food & beverage industry. Shares are down 4.6% year to date as of the close of trading on Monday.

PepsiCo, Inc. engages in the manufacture, marketing, and sale of foods, snacks, and carbonated and non-carbonated beverages worldwide. The company has a P/E ratio of 14.4, below the average food & beverage industry P/E ratio of 16.6 and below the S&P 500 P/E ratio of 17.7.

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, increase in net income and good cash flow from operations. 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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