BURLINGTON, Mass. and FRISCO, Texas, Sept. 12,
2024 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP)
announced today that its Board of Directors has approved a 7.0%
increase in its annualized dividend rate to $0.92 per share, from the current annualized rate
of $0.86 per share, effective with
the regular quarterly cash dividend also announced today.
The increased regular quarterly cash dividend of $0.23 per share is payable in U.S. dollars on the
Company's common stock on October 11,
2024 to shareholders of record on September 27, 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.
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SOURCE Keurig Dr Pepper Inc.