Keurig Dr Pepper KDP said Tuesday its board has approved a 7.5% increase in its annualized dividend rate to 86 cents a share from 80 cents previously. The next quarterly payment of 21.50 cents a share will be payable Oct. 13 to shareholders of record as of Sept. 29. The stock is down 5.6% in the year to date, while the S&P 500 SPX has gained 16%. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Read Full Story
Latest posts by Market Watch (see all)
- : Cleveland-Cliffs to raise prices of hot rolled and coated steel products - September 27, 2023
- : UBS shares drop on report DOJ probes Credit Suisse over Russian sanctions evasion - September 27, 2023
- : United Natural Foods’ stock tumbles toward 3-year low after company swings to loss amid lower inflation benefits - September 27, 2023
