Dr Pepper Snapple Group to pay $0.25 per share

Dr Pepper Snapple Group to pay $0.25 per share

Dr Pepper Snapple Group has said it will pay shareholders US$0.25 per common share for the company's most recent fiscal quarter.

Shareholders registered on 20 December will receive the dividend on 7 January 2011, Dr Pepper Snapple said yesterday (15 November).

The dividend will be paid despite a dip in third quarter profits at the group, which is the third largest soft drinks maker in the US, behind PepsiCo and The Coca-Cola Co.