Here's How Many Shares of PepsiCo You'd Need for $20,000 in Yearly Dividends

Pepsi has increased its dividend payout for 54 consecutive years.

It's currently paying a quarterly dividend of $1.48 per share.

To generate $20,000 a year in dividend payouts from Pepsi, the risk isn't worth the reward.

PepsiCo (NASDAQ: PEP) is known for its reliability, having increased its dividend payout for 54 consecutive years.

But in addition to earning the title of Dividend King by increasing that payout for 50 or more consecutive years, that dividend payout also comes with a generous yield: 4.2% as of this writing.

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To turn Pepsi into an income generator for retirement or just to have some extra money coming in, this is the number of shares needed to generate $20,000 a year in PepsiCo dividends.

Pepsi pays a quarterly dividend of $1.48 per share, so you would need roughly 3,378 shares to generate $20,000 in yearly dividends. Based on the Aug. 6 closing price of $138.44, those shares would cost $467,650.