Keurig Dr Pepper Declares Quarterly Dividend

Keurig Dr Pepper (KDP) has declared a quarterly cash dividend of $0.15 per share, set to be paid on October 16, 2020.

Rhea-AI Summary

Keurig Dr Pepper (KDP) has declared a quarterly cash dividend of $0.15 per share, set to be paid on October 16, 2020. Shareholders of record as of October 2, 2020 will receive this dividend. KDP is a leading beverage company in North America, generating over $11 billion in annual revenue and employing nearly 26,000 individuals. The company offers a diverse portfolio including popular brands like Dr Pepper and Keurig. Their commitment to sustainability is evident through initiatives aimed at responsible sourcing and efficient resource use.

Positive

• Quarterly dividend of $0.15 enhances shareholder income.
• Strong annual revenue exceeding $11 billion indicates robust financial health.
• Diverse portfolio with over 125 brands supports market presence.
• Commitment to sustainability may enhance corporate reputation.

Negative

• None.

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BURLINGTON, Mass. and PLANO, Texas, Sept. 15, 2020 /PRNewswire/ -- Keurig Dr Pepper (NYSE: KDP) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.15 per share, payable in U.S. dollars, on the Company's common stock. The regular quarterly dividend will be paid on October 16, 2020 to shareholders of record on October 2, 2020. 

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 26,000 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.

Investors:

Tyson Seely
T: 781-418-3352/ tyson.seely@kdrp.com 

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

Media:

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

View original content to download multimedia:http://www.prnewswire.com/news-releases/keurig-dr-pepper-declares-quarterly-dividend-301131680.html

SOURCE Keurig Dr Pepper

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the dividend amount declared by KDP?

Keurig Dr Pepper has declared a quarterly cash dividend of $0.15 per share.

When will the KDP dividend be paid?

The KDP dividend will be paid on October 16, 2020.

What is the record date for KDP's dividend?

The record date for KDP's dividend is October 2, 2020.

How does KDP's revenue compare to industry standards?

Keurig Dr Pepper generates over $11 billion in annual revenue, indicating a strong position in the beverage industry.

What brands does KDP include in its portfolio?

KDP's portfolio includes brands like Dr Pepper, Keurig, Snapple, and Bai.