Keurig Dr Pepper Raises Quarterly Dividend by 6.7%
September 14 2022 - 9:11AM
Dow Jones News
By Colin Kellaher
Keurig Dr Pepper Inc. on Wednesday said its board raised the
quarterly dividend by 6.7%, to 20 cents a share.
The new payout, equal to 80 cents a year, represents an annual
yield of about 2.12% based on Tuesday's closing price of $37.69, up
from 1.99%.
The Burlington, Mass., beverage company said the increased
dividend is payable Oct. 14 to shareholders of record Sept. 30.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 14, 2022 08:56 ET (12:56 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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