Keurig Dr Pepper Inc. (KDP) Raises Quarterly Dividend 6.7% to $0.20; 2.1% Yield

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Go back to Keurig Dr Pepper Inc. (KDP) Raises Quarterly Dividend 6.7% to $0.20; 2.1% Yield

Keurig Dr Pepper Increases its Dividend by 6.7% and Declares Quarterly Dividend for Q3

September 14, 2022 8:30 AM EDT

BURLINGTON, Mass. and FRISCO, Texas, Sept. 14, 2022 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP) announced today that its Board of Directors has approved a 6.7% increase in its annualized dividend rate to $0.80 per share, from the current annualized rate of $0.75 per share, effective with the regular quarterly cash dividend announced today. The 6.7% increase, combined with the previous dividend increase announced in February 2021, will result in a 13.0% increase versus year-ago in cash dividends paid in 2022.

The increased regular quarterly cash dividend... More