Dr Pepper Snapple Keeps Dividend Steady

Rich Duprey, The Motley Fool
Updated

Beverage maker Dr Pepper Snapple Groupannounced today its third-quarter dividend of $0.38 per share, the same rate it's paid for the past two quarters after raising the payout 12% from $0.34 per share.

The board of directors said the quarterly dividend is payable on October 4 to holders of record at the close of business on September 16. The regular dividend payment equates to a $1.52-per-share annual dividend, yielding 3.2% based on the closing price today of Dr Pepper Snapple Group's stock.

DPS Dividend Chart
DPS Dividend Chart


DPS Dividend data by YCharts.

The article Dr Pepper Snapple Keeps Dividend Steady originally appeared on Fool.com.

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