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

The company, which released its first-quarter results late last month, said late yesterday (14 May) that its board has declared a quarterly dividend of US$0.41 per share.

The payment will be made on 3 July to shareholders of record on 16 June.

Dr Pepper Snapple saw its profits surge in the first three months on the back of a slight lift in sales.