cunsumer staple

Raising the six percent from $0.17 to $0.18, the sixth consecutive year that the board has increased the dividend. The increased quarterly dividend of 18 cents per share will be paid on June 30 to all PBG shareholders of record as of June 6.

Strong Company with good management, new products

Potential to Grow

9/3/2008

Cramer: Coke Bottling Cracked:
Jim Cramer thinks Coca Cola Bottling will get weighed down by high costs.

Click here to watch the video.

Pepsi bottler The Pepsi Bottling Group Inc. on Thursday said it will buy back 25 million shares.

The move brings the total number of shares authorized for repurchase to 175 million since the company began buying back shares in 1999. Since then, Pepsi Bottling has repurchased 137 million shares.

The company had about 226 million shares outstanding as of Dec. 29, 2007, according to a filing with the Securities and Exchange Commission on Feb. 27.

The stock trades for 6.5x cash flow.

Pepsi bottler The Pepsi Bottling Group Inc. on Thursday said it will buy back 25 million shares.

The move brings the total number of shares authorized for repurchase to 175 million since the company began buying back shares in 1999. Since then, Pepsi Bottling has repurchased 137 million shares.

The company had about 226 million shares outstanding as of Dec. 29, 2007, according to a filing with the Securities and Exchange Commission on Feb. 27.

The stock trades for 6.5x cash flow.

21%

Goldman said it is downgrading Pepsi Bottling Group (PBG) to Sell from Neutral based on valuation and soft market share trends. See competitive pressure from Coke adding to current difficulties in U.S., with additional risk from commodity prices. Believe increased marketing spend may be required to improve performance. Target at $38.

my kids love pepsi