Keurig Dr Pepper Declares Quarterly Dividend

Rhea-AI Summary

Keurig Dr Pepper (NASDAQ: KDP) announced a quarterly cash dividend of $0.20 per share, scheduled for payment on April 14, 2023. Shareholders of record as of March 31, 2023 will qualify for this dividend. KDP operates as a leading beverage company in North America, generating annual revenues nearing $13 billion, with a diverse portfolio of over 125 brands including Keurig®, Dr Pepper®, and Snapple®. The company is committed to responsible sourcing and sustainability through its corporate responsibility platform.

Positive

• Quarterly cash dividend of $0.20 per share announced.
• Strong annual revenue nearing $13 billion.
• Diverse portfolio with over 125 brands.

Negative

• None.

News Market Reaction – KDP

-0.94%

1 alert

-0.94% News Effect

On the day this news was published, KDP declined 0.94%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

BURLINGTON, Mass. and FRISCO, Texas, Feb. 7, 2023 /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 April 14, 2023 to shareholders of record on March 31, 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 KDP?

KDP declared a quarterly cash dividend of $0.20 per share.

When will KDP's dividend be paid?

The dividend will be paid on April 14, 2023.

Who qualifies for the KDP dividend payment?

Shareholders of record as of March 31, 2023, will qualify.

What is KDP's revenue?

KDP's annual revenue is approaching $13 billion.

How many brands does KDP have?

KDP has a portfolio of over 125 brands.