10 Best Dividend-Paying Beverage Stocks to Buy Now

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6. Keurig Dr Pepper Inc. (NASDAQ:KDP)

Number of Hedge Fund Holders: 43

Dividend Yield as of May 26: 3.09%

Keurig Dr Pepper (KDP) is a leading beverage company in North America. The company has a portfolio of more than 150 owned, licensed, and partner brands and powerful distribution capabilities to provide a beverage for every need, anytime, anywhere.

On May 20, Keurig Dr Pepper (KDP) declared a quarterly dividend of $0.23 per share. The dividend will be paid on July 10 to shareholders of record on June 26, 2026. KDP currently boasts an impressive annual dividend yield of 3.09%, placing it in our list of the 13 NASDAQ Stocks with Highest Dividends.

Keurig Dr Pepper (KDP) exceeded expectations in its Q1 results last month. The company grew its revenue by over 9% YoY to almost $4 billion, driven by the double-digit gains in sales for its international and US refreshment beverage businesses. KDP expects net sales to increase by 4% to 6% YoY in full-year 2026, translating to a range of $25.9 billion and $26.4 billion. Moreover, it is projecting to grow its EPS by low double digits, including an incremental contribution from the JDE Peet acquisition, which is expected to close in the second quarter of the year.

While we acknowledge the potential of KDP as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than KDP and that has 100x upside potential, check out our report about the cheapest AI stock.

Click to continue reading and see the 5 Best Dividend-Paying Beverage Stocks to Buy Now.

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