Keurig Dr Pepper Declares Quarterly Dividend

Rhea-AI Summary

Keurig Dr Pepper (NASDAQ: KDP) has declared a quarterly cash dividend of $0.1875 per share. This dividend will be distributed on January 20, 2022 to shareholders on record as of January 6, 2022. KDP is a major beverage company with over $11 billion in annual revenue and a diverse portfolio of more than 125 brands, including Dr Pepper and Keurig. The company emphasizes sustainable practices and strong distribution capabilities.

Positive

• Declaring a regular quarterly cash dividend of $0.1875 per share.
• Shows commitment to shareholder returns and financial health.
• Company maintains over $11 billion in annual revenue.

Negative

• None.

News Market Reaction – KDP

-0.34%

1 alert

-0.34% News Effect

On the day this news was published, KDP declined 0.34%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

BURLINGTON, Mass. and FRISCO, Texas, Dec. 7, 2021 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.1875 per share, payable in U.S. dollars, on the Company's common stock. The regular quarterly dividend will be paid on January 20, 2022 to shareholders of record on January 6, 2022.

KDP Contacts

Steve Alexander (Investors)
T: 972-673-6769 / steve.alexander@kdrp.com

Katie Gilroy (Media)
T: 781-418-3345 / katie.gilroy@kdrp.com 

About Keurig Dr Pepper Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue in excess of $11 billion and nearly 27,000 employees. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott's®, CORE® and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers.  The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability. For more information, visit www.keurigdrpepper.com.

 

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SOURCE Keurig Dr Pepper Inc.

FAQ

What is the amount of the latest dividend declared by KDP?

KDP has declared a quarterly dividend of $0.1875 per share.

When will the dividend be paid?

The dividend will be paid on January 20, 2022.

What is the record date for the KDP dividend?

The record date for the dividend is January 6, 2022.

How often does KDP pay dividends?

KDP typically pays dividends quarterly.

Is KDP's dividend sustainable?

The dividend payment indicates strong financial health, but investors should consider overall company performance for sustainability.