US: Dr Pepper Snapple Group prepares quarterly dividend

By | 16 May 2013

DPSG is ready to pay out a dividend

DPSG is ready to pay out a dividend

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

The soft drinks maker, which posted a mid-single-digit rise in Q1 profits and sales last month, said yesterday (15 May) that its next quarterly pay-out will be US$0.38 per share. Payment will be made on 5 July to shareholders of record on 17 June.

Yesterday, an analyst warned that a new marketing push behind DPSG's Ten portfolio might not be enough to spark consumer interest in the low-calorie range.

Sectors: Soft drinks

Companies: Dr Pepper

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