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8-K - LIVE FILING - Keurig Dr Pepper Inc. | htm_51253.htm |
EX-99.1 - EX-99.1 - Keurig Dr Pepper Inc. | exhibit1.htm |
FOR IMMEDIATE RELEASE | Contacts: | Media Relations | ||
Chris Barnes, (972) 673-5539 |
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Investor Relations |
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Heather Catelotti, (972) 673-5869 |
DR PEPPER SNAPPLE GROUP RAISES QUARTERLY DIVIDEND 17.1% AND AUTHORIZES ADDITIONAL $1 BILLION SHARE
REPURCHASE PROGRAM
Plano, TX, Feb. 5, 2015 Dr Pepper Snapple Group, Inc. (NYSE: DPS) today announced that its Board of Directors declared a quarterly dividend of $0.48 per share on the companys common stock a 17.1% increase in the dividend rate. The dividend is payable in U.S. dollars on April 7, 2015, to shareholders of record as of close of business on March 16, 2015.
In addition, the company announced that its Board of Directors authorized the repurchase of an additional $1 billion of the companys common stock. In total, the company has now authorized $4 billion of share repurchases. Through the third quarter of 2014, the company repurchased $2.7 billion of its common stock.
About Dr Pepper Snapple Group
Dr Pepper Snapple Group (NYSE: DPS) is a leading producer of flavored beverages in North America
and the Caribbean. Our success is fueled by more than 50 brands that are synonymous with
refreshment, fun and flavor. We have 6 of the top 10 non-cola soft drinks, and 13 of our 14 leading
brands are No. 1 or No. 2 in their flavor categories. In addition to our flagship Dr Pepper and
Snapple brands, our portfolio includes 7UP, A&W, Canada Dry, Clamato, Crush, Hawaiian Punch,
Motts, Mr & Mrs T mixers, Peñafiel, Roses, Schweppes, Squirt and Sunkist soda. To learn more
about our iconic brands and Plano, Texas-based company, please visit www.DrPepperSnapple.com. For
our latest news and updates, follow us at www.Facebook.com/DrPepperSnapple or
www.Twitter.com/DrPepperSnapple.
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