Keurig Dr Pepper Declares Quarterly Dividend

Rhea-AI Summary

Keurig Dr Pepper (NASDAQ: KDP) has declared a quarterly cash dividend of $0.15 per share. This dividend will be payable on January 22, 2021 to shareholders of record on January 8, 2021. With annual revenues exceeding $11 billion and a diverse portfolio of over 125 brands, KDP remains a leader in the North American beverage market. The company emphasizes responsible sourcing and sustainability through its corporate responsibility platform.

Positive

• Quarterly dividend of $0.15 per share enhances shareholder value.
• Annual revenue exceeds $11 billion, highlighting strong market position.
• Diverse portfolio with over 125 brands supports consumer needs.

Negative

• None.

BURLINGTON, Mass. and PLANO, Texas, Dec. 7, 2020 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: 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 January 22, 2021 to shareholders of record on January 8, 2021. 

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

 

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SOURCE Keurig Dr Pepper

FAQ

What is the dividend amount declared by Keurig Dr Pepper?

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

When will the dividend be paid to shareholders?

The dividend will be paid on January 22, 2021, to shareholders of record as of January 8, 2021.

What are the financial highlights of Keurig Dr Pepper?

Keurig Dr Pepper has annual revenues exceeding $11 billion and a portfolio of over 125 brands.

How does KDP approach sustainability and corporate responsibility?

KDP is committed to responsible sourcing and sustainability through its Drink Well. Do Good. platform.