Dr Pepper Snapple Group will pay the dividend in July

Dr Pepper Snapple Group will pay the dividend in July

Dr Pepper Snapple Group (DPSG) has announced the details of its latest dividend payment.

The company, which posted a marked slide in Q1 net profits last month, said late yesterday that its board has declared a quarterly dividend of US$0.34 per share on its common stock.

DPSG said that the payment would be made on 6 July to shareholders of record on 18 June.

The firm will issue its first-half numbers in July.