Keurig Dr Pepper Inc. (KDP) To Raise Dividend 25%
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Keurig Dr Pepper to Increase its Annual Dividend by 25%
February 25, 2021 6:00 AM ESTBURLINGTON, Mass. and PLANO, Texas, Feb. 25, 2021 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced today that its Board of Directors has approved a 25% increase in its annualized dividend rate to $0.75 per share, from the current annualized rate of $0.60 per share, effective with the Company's regular quarterly dividend to be announced in the second quarter of 2021, subject to official declaration by the Board of Directors. This 25% increase will result in growth of 12.5% in dividends paid in 2021 and another 11.1% increase in dividends paid in 2022, given the calendar timing of both the... More
