Keurig Dr Pepper (KDP) Declares Dividend of $0.23 per Share

Keurig Dr Pepper (NYSE:KDP) is included among the 10 Best Dividend-Paying Beverage Stocks to Buy Now.

Keurig Dr Pepper (KDP) Declares Dividend of $0.23 per Share

Keurig Dr Pepper (NYSE: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 (NYSE: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 (NYSE: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.

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