Keurig Dr Pepper Declares Quarterly Dividend

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Rhea-AI Summary

Keurig Dr Pepper (NASDAQ: KDP) has announced a regular quarterly cash dividend of $0.215 per share.

This dividend will be paid on July 12, 2024, to shareholders who are on record by June 28, 2024.

Positive

Quarterly dividend of $0.215 per share declared.
Dividend payment date set for July 12, 2024.
Record date for shareholders set for June 28, 2024.

Negative

No new business developments announced.
PR lacks information on revenue, earnings, or strategic plans.

News Market Reaction – KDP

+0.98%

1 alert

+0.98% News Effect

On the day this news was published, KDP gained 0.98%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

05/15/2024 - 04:15 PM

BURLINGTON, Mass. and FRISCO, Texas, May 15, 2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced today that its Board of Directors has declared a regular quarterly cash dividend of $0.215 per share, payable in U.S. dollars, on the Company's common stock. The regular quarterly dividend will be paid on July 12, 2024 to shareholders of record on June 28, 2024.

Investor Contacts:

Investor Relations

T: 888-340-5287 / IR@kdrp.com

Media Contact:

Katie Gilroy

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

About Keurig Dr Pepper
Keurig Dr Pepper (Nasdaq: KDP) is a leading beverage company in North America, with a portfolio of more than 125 owned, licensed and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere. With annual revenue of approximately $15 billion, we hold leadership positions in beverage categories including soft drinks, coffee, tea, water, juice and mixers, and have the #1 single serve coffee brewing system in the U.S. and Canada. Our innovative partnership model builds emerging growth platforms in categories such as premium coffee, energy, sports hydration and ready-to-drink coffee. Our brands include Keurig®, Dr Pepper®, Canada Dry®, Mott's®, A&W®, Snapple®, Peñafiel®, 7UP®, Green Mountain Coffee Roasters®, Clamato®, Core Hydration® and The Original Donut Shop®. Driven by a purpose to Drink Well. Do Good., our 28,000 employees aim to enhance the experience of every beverage occasion and to make a positive impact for people, communities and the planet. For more information, visit www.keurigdrpepper.com and follow us on LinkedIn.