PepsiCo plans to raise its dividend by 5% later this year, a move that would extend the beverages and snacks giant's royal payout run. PepsiCo on Tuesday said it will boost its annualized dividend to $5.69 from $5.42, or to $1.423 from $1.355 on a quarterly basis, effective with the June payout.

The quarterly dividend is payable on March 14 to shareowners of record at the close of business on February 28. The ex-dividend date is

BATTLE CREEK, Mich. - WK Kellogg Co (NYSE: KLG) has announced a 3% increase in its quarterly dividend, raising the payout to $0.165 per share from the previous $0.16, bringing the annual dividend yield to 3.