Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model NEW YORK ( TheStreet) -- The ex-dividend date for PepsiCo (NYSE: PEP) is tomorrow, September 5, 2012. Owners of shares as of market close today will be eligible for a dividend of 54 cents per share. At a price of $72.42 as of 9:30 a.m. ET, the dividend yield is 3%. The average volume for PepsiCo has been 5.7 million shares per day over the past 30 days. PepsiCo has a market cap of $112.72 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 9.2% 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 19.1, equal to the average food & beverage industry P/E ratio and above 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 notable return on equity, increase in stock price during the past year and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full PepsiCo Ratings Report. See our dividend calendar or top-yielding stocks list. FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge! Free download now.