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).

Expert analysis

Dr Pepper Snapple Group in Soft Drinks (USA)

Dr Pepper Snapple Group in Soft Drinks (USA)

Dr Pepper Snapple Group formed after the company was spun off from its parent Cadbury Schweppes in 2008. It brings together the former Dr Pepper/Seven Up Inc, Snapple Beverage Group, Mott’s LLP and Be...read more