Keurig Dr Pepper Raises Quarterly Dividend to 21.5 Cents
September 19 2023 - 9:09AM
Dow Jones News
By Colin Kellaher
Keurig Dr Pepper's board has raised the beverage company's
quarterly dividend by 7.5% to 21.5 cents.
The new payout, equal to 86 cents a year, represents an annual
yield of about 2.56% based on Monday's closing price of $33.65, up
from 2.38%.
The Burlington, Mass., company on Tuesday said the increased
dividend is payable Oct. 13 to shareholders of record Sept. 29.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
September 19, 2023 08:54 ET (12:54 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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