Keurig Dr Pepper Declares Quarterly Dividend

Rhea-AI Summary

Keurig Dr Pepper (KDP) has declared a quarterly cash dividend of $0.1875 per share, payable on April 15, 2022. Shareholders of record on April 1, 2022 will receive this dividend. KDP generates over $11 billion in annual revenue and employs nearly 27,000 people, holding significant market positions in various beverages, including the top single-serve coffee system in North America. The company emphasizes responsible sourcing and sustainability in its operations.

Positive

• Quarterly cash dividend of $0.1875 per share announced, incentivizing shareholder investment.
• Strong annual revenue exceeding $11 billion indicates robust business performance.
• Leadership positions in multiple beverage categories enhance market competitiveness.

Negative

• None.

BURLINGTON, Mass. and FRISCO, Texas, Feb. 8, 2022 /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 April 15, 2022 to shareholders of record on April 1, 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 dividend amount declared by Keurig Dr Pepper (KDP)?

Keurig Dr Pepper has declared a quarterly cash dividend of $0.1875 per share.

When will the dividend for KDP be paid?

The dividend will be paid on April 15, 2022.

Who will receive the KDP dividend?

Shareholders of record on April 1, 2022, will receive the dividend.

What are Keurig Dr Pepper's annual revenues?

Keurig Dr Pepper generates over $11 billion in annual revenue.