The group has raised its dividend

The group has raised its dividend

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$0.41 per share on the company's common stock, it announced late yesterday (6 February). The dividend is payable in US dollars on 4 April to shareholders of record on 17 March.

The payment is an 8% increase on the previous dividend, declared in November.

Also in November, the group extended its partnership with New Jersey-based soft drinks maker Bai Brands to distribute the low-calorie Bai 5 brand across the US.

DPSG is due to announce its Q4 and full-year results on Wednesday (12 February).