Keurig Dr Pepper Hikes Dividend by 7%: What's Ahead for Investors?
Keurig Dr Pepper(KDP) ZACKS·2024-09-14 04:11
Keurig Dr Pepper Inc. (KDP) announced a raise in its quarterly dividend to 92 cents per share from the previous payout of 86 cents per share. Scheduled to be paid on Oct 11, 2024, to shareholders of record as of Sept. 27, 2024, this 7% hike underscores KDP's commitment to boost the value of its shareholders via regular dividend payments and share repurchases. The new payout makes Keurig Dr Pepper's annualized dividend rate $3.68 per share, translating to an attractive yield of about 10% based on the stock p ...