Wednesday, 17 March 2010 21:33
Pepsico announced it would buy back $15 billion worth of stock through 2013. Additionally, the company raised its quarterly dividend by 7% to $1.92 per share. At current prices, PEP shares offer a 3% dividend yield. The forward PE is 15 times '10 earnings and 13.9 times '11 earnings. Very reasonable valuation.
Wednesday, 08 September 2010
Posts by Email
Now you can subscribe to get an email notification each time Osher Van de Voorde posts a new blog article.