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Keurig Dr Pepper Raises Quarterly Dividend

Provided by Dow Jones

Sep 12, 2024 9:01pm

By Sabela Ojea

Keurig Dr Pepper is raising its quarterly payout to shareholders by 7%.

The beverage company on Thursday said that its board approved a quarterly dividend of 23 cents a share, up from 21.5 cents a share previously.

The new annual payout, equal to 92 cents, represents an annual yield of 2.5% based on the Thursday closing price of $37.04.

Write to Sabela Ojea at sabela.ojea@wsj.com; @sabelaojeaguix

(END) Dow Jones Newswires

September 12, 2024 17:01 ET (21:01 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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