Sidenav for 98 Annual Report
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1998 Stock Performance / Capital Stock Information

Stock Performance

PepsiCo was formed through the 1965 merger of Pepsi-Cola Company and Frito-Lay, Inc. A $1,000 investment in our stock made on December 31, 1993 was worth approximately $2,357 on December 31, 1998, assuming the reinvestment of dividends. This performance represents a compounded annual growth rate of 18.7%.

The closing price for a share of PepsiCo capital stock on the New York Stock Exchange was the price as reported by Bloomberg for the fiscal years ending 1993-1998, restated for the spin-off of the restaurant business.

Past performance is not necessarily indicative of future returns on investments in PepsiCo capital stock.

Year-end Market Price of Stock Chart

Capital Stock Information

Stock Trading Symbol - PEP

Stock Exchange Listings
The New York Stock Exchange is the principal market for PepsiCo capital stock, which is also listed on the Amsterdam, Chicago, Swiss and Tokyo Stock Exchanges.

Shareholders
At year-end 1998, there were approximately 230,000 shareholders of record.

Dividend Policy
Quarterly cash dividends are usually declared in November, January, May and July and paid at the beginning of January and the end of March, June and September. The dividend record dates for 1999 are expected to be March 12, June 11, September 10 and December 10.

Quarterly cash dividends have been paid since PepsiCo was formed in 1965.

Cash Dividends Declared Chart


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