Dr Pepper Snapple Group, the third largest soft drinks group in the US, is to pay its second dividend to shareholders.
The board of directors yesterday (3 February) declared a quarterly dividend of $0.15 per share on the company’s common stock.
The dividend is payable in US dollars on 9 April to shareholders of record on 22 March 2010.
The firm announced its first dividend to shareholders in November, while also approving a $200m share buyback over the next three years.
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