The company will pay-out its latest dividend in the new year

The company will pay-out its latest dividend in the new year

Dr Pepper Snapple Group has announced details of its latest quarterly dividend payment. 

The Texas-headquartered group's board of directors has declared a dividend of US$0.38 per share on the company's common stock, it announced late yesterday (14 November). The dividend is payable in US dollars on 3 January to shareholders of record on 16 December.

Last month, the soft drinks producer reported a slight rise in nine-month net profits, while sales came in flat on the prior year.