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 October 15, 2021, to shareholders recorded by October 1, 2021. This dividend reflects the company's commitment to returning value to shareholders amidst its substantial presence in the beverage market, generating over $11 billion in annual revenue. KDP is a leading North American beverage company with a diverse portfolio of more than 125 brands including Keurig®, Dr Pepper®, and Snapple®.

Positive

• Quarterly dividend of $0.1875 per share announced, reflecting shareholder value.
• Company's annual revenue exceeds $11 billion, indicating strong market position.
• KDP has a diverse portfolio with over 125 popular beverage brands.

Negative

• None.

BURLINGTON, Mass. and FRISCO, Texas, Sept. 14, 2021 /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 October 15, 2021 to shareholders of record on October 1, 2021.

KDP Contacts

Tyson Seely (Investors)
T: 781-418-3352 / tyson.seely@kdrp.com

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 KDP?

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

When will the KDP dividend be paid?

The dividend will be paid on October 15, 2021.

What is the record date for the KDP dividend?

The record date for the dividend is October 1, 2021.

How much revenue does KDP generate annually?

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

What brands does KDP own?

KDP owns more than 125 brands including Keurig®, Dr Pepper®, and Snapple®.