Keurig Dr Pepper Declares Quarterly Dividend

Rhea-AI Summary

Keurig Dr Pepper (KDP) announced a quarterly cash dividend of $0.20 per share, payable on January 20, 2023. Shareholders of record by January 6, 2023 will receive this payment. The company, with annual revenues nearing $13 billion and approximately 27,000 employees, maintains a strong portfolio of over 125 brands including Dr Pepper, Keurig, and Snapple. KDP focuses on responsible sourcing and sustainability through its corporate responsibility platform.

Positive

• Declared a quarterly cash dividend of $0.20 per share.
• Annual revenue approaching $13 billion, indicating strong financial health.
• Diverse portfolio of over 125 brands, enhancing market position.

Negative

• None.

BURLINGTON, Mass. and FRISCO, Texas, Dec. 6, 2022 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.20 per share, payable in U.S. dollars, on the Company's common stock. The regular quarterly dividend will be paid on January 20, 2023 to shareholders of record on January 6, 2023.

KDP Contacts

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

Chethan Mallela 
T: 646-620-8761 / chethan.mallela@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 approaching $13 billion and approximately 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 dividend amount declared by Keurig Dr Pepper?

Keurig Dr Pepper declared a quarterly cash dividend of $0.20 per share.

When will the dividend be paid to shareholders?

The dividend will be paid on January 20, 2023.

When is the record date for the dividend?

The record date for the dividend is January 6, 2023.

What is the annual revenue of Keurig Dr Pepper?

Keurig Dr Pepper has annual revenue approaching $13 billion.