BURLINGTON, Mass. and FRISCO, Texas, Sept. 19,
2023 /PRNewswire/ -- Keurig Dr Pepper (NASDAQ: KDP)
announced today that its Board of Directors has approved a 7.5%
increase in its annualized dividend rate to $0.86 per share, from the current annualized rate
of $0.80 per share, effective with
the regular quarterly cash dividend announced today.
The increased regular quarterly cash dividend of $0.215 per share is payable in U.S. dollars on
the Company's common stock on October 13,
2023 to shareholders of record on September 29, 2023.
Investor Contacts:
Jane Gelfand
T: 888-340-5287 / jane.gelfand@kdrp.com
Chethan Mallela
T: 888-340-5287 / chethan.mallela@kdrp.com
Media Contact:
Katie Gilroy
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 of more than $14 billion and approximately 28,000 employees.
KDP holds leadership positions in liquid refreshment beverages,
including 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®, Canada Dry®, Clamato®, CORE®, Green Mountain Coffee
Roasters®, Mott's®, Snapple®, 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's Drink Well. Do Good.
corporate responsibility platform is focused on the greatest
opportunities for impact in the environment, its supply chain, the
health and well-being of consumers and with its people and
communities. For more information, visit
www.keurigdrpepper.com.
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SOURCE Keurig Dr Pepper Inc.